President-elect Donald Trump has chosen Howard Lutnick, the CEO of investment bank Cantor Fitzgerald, to serve as his Commerce Secretary. Lutnick, a Wall Street veteran, has a long history in finance and is known for his leadership during the September 11th terrorist attacks.
President-elect Donald Trump has named Howard Lutnick, the CEO of investment bank Cantor Fitzgerald, as his nominee for Commerce Secretary. Lutnick is a well-respected figure in the financial industry and has a long history of public service.
Trump's Commerce Secretary Pick: Howard Lutnick, Wall Street Investor
As Commerce Secretary, Lutnick would be responsible for promoting economic growth and trade. He would also oversee the Census Bureau and the National Weather Service.
Lutnick has said that he is committed to working with Trump to create jobs and boost the economy. He has also said that he will work to reduce regulation and promote free trade.
Lutnick's nomination is likely to face some opposition from Democrats, who have expressed concern about his lack of experience in government. However, Lutnick is expected to be confirmed by the Senate, as Republicans hold a majority.
Howard Lutnick was born in New York City in 1951. He graduated from Harvard College and Harvard Business School. Lutnick began his career on Wall Street in the 1970s. He joined Cantor Fitzgerald in 1983 and became CEO in 1991.
Lutnick is a survivor of the September 11th terrorist attacks. He was in the North Tower of the World Trade Center when it was attacked. He lost 658 employees in the attacks, including his brother.
After the attacks, Lutnick became a vocal advocate for victims' families. He founded the Cantor Fitzgerald Relief Fund, which has raised over $175 million for victims' families and survivors.
Lutnick is also a philanthropist. He is the founder of the Robin Hood Foundation, which supports poverty-fighting organizations in New York City.
Lutnick has a long and successful career in business. He is a respected leader in the financial industry and has a deep understanding of the global economy.
Lutnick also has a strong commitment to public service. He is a survivor of the September 11th terrorist attacks and has dedicated his life to helping others.
Lutnick's experience in business and public service make him well-qualified for the role of Commerce Secretary. He is a skilled negotiator and a strong advocate for American businesses.
Howard Lutnick is a well-respected figure in business and public service. He is a strong choice for Commerce Secretary and is likely to be confirmed by the Senate.