Howard Lutnick
Secretary of Commerce
Howard Lutnick is the Secretary of Commerce; the Senate confirmed him on February 18, 2025. He was previously chairman and chief executive of Cantor Fitzgerald and BGC Group and co-chaired the Trump-Vance transition team in 2024.
Biography
Howard Lutnick was born and raised in New York and attended Haverford College, which the chairman of the Senate Commerce Committee said at Lutnick’s confirmation hearing he paid for himself with the help of a scholarship from the school. He joined the financial firm Cantor Fitzgerald in 1983 and became its president and chief executive at age 29. His White House biography says he served as chairman and chief executive of Cantor Fitzgerald, L.P. and BGC Group and as executive chairman of Newmark, and that he served on the boards of the National September 11 Memorial & Museum and Weill Cornell Medicine.
During the 2024 presidential campaign he was co-chair of the Trump-Vance transition team. The Senate Commerce, Science, and Transportation Committee advanced his nomination as Secretary of Commerce by a 16-12 vote, and the Senate confirmed him on February 18, 2025, by a vote of 51 to 45.
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