Lutnick is stepping down as head of investment bank Cantor Fitzgerald as he prepares to head the Commerce Department.

The Senate Commerce Committee will hold a January 29 hearing on President Donald Trumps nominee, Howard Lutnick, to lead the Commerce Department. As head of Cantor Fitzgerald and BGC Group, Lutnick has built a

Howard Lutnick, President Donald Trump's nominee to lead the Commerce Department, on Friday disclosed his financial holdings and assets ahead of a Senate hearing to confirm him for the role.

Trump’s order seeking an “America-first trade policy” calls on Lutnick to work with the treasury secretary, who is likely to be hedge fund billionaire Scott Bessent, and the US trade representative, poised to be lawyer Jamieson Greer.

President Trump’s pick for commerce secretary Howard Lutnick detailed Monday how Trump will use his “external revenue service” and the administration’s approach with tariffs. Lutnick said at a Washing