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Howard Lutnick's Cantor Fitzgerald settles SEC fraud claim

The Securities and Exchange Commission on Thursday charged finance/brokerage firm Cantor Fitzgerald with fraud over making misleading disclosures in SEC filings, leading to the company paying a $6.75 million settlement without admitting or denying the charges. Cantor’s CEO, Howard Lutnick, is President-elect Donald Trump’s nominee for commerce secretary and co-chair of the Trump transition team. According to the SEC, two …

Washington, US President-elect Donald Trump on Tuesday tapped the CEO of a top financial services company as his commerce secretary and US trade representative. "I am thrilled to announce that Howard Lutnick, chairman and CEO of Cantor Fitzgerald, will join my administration as the US Secretary of Commerce," Trump said. "In his role as co-chair of the Trump-Vance transition team, …

What to know about Howard Lutnick, Trump’s pick for commerce secretary

WASHINGTON — President-elect Donald Trump has chosen Howard Lutnick, head of brokerage and investment bank Cantor Fitzgerald and cryptocurrency enthusiast, as his nominee for commerce secretary. He was Elon Musk’s pick to lead the Treasury Department Elon Musk and others in Trump’s orbit called on Trump last week to dump previous front-runner for treasury secretary, Scott Bessent, in favor of …

What to know about Howard Lutnick, Trump’s pick for Commerce secretary

Howard Lutnick speaks at a Trump rally at Madison Square Garden in New York last month. President-elect Donald Trump has chosen Howard Lutnick, head of the brokerage and investment bank Cantor Fitzgerald and a cryptocurrency enthusiast, as his nominee for Commerce secretary. Elon Musk wanted him for the post Elon Musk and others in Trump’s orbit called on Trump last …

Who is Howard Lutnick, the billionaire who Musk has backed for Trump 2.0's Treasury Secretary

Lutnick, 63, rose to prominence following the September 11, 2001, terrorist attacks, which claimed the lives of 658 Cantor Fitzgerald employees, including his brother Howard Lutnick, Chairman and CEO of Cantor Fitzgerald, gestures as he speaks during a rally for Republican presidential nominee and former US President Donald Trump at Madison Square Garden, in New York, US, October 27, 2024. …

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Howard Lutnick

Who is Howard Lutnick, the billionaire power player behind Trump’s 2024 team?

Howard Lutnick, CEO of Cantor Fitzgerald, has emerged as the central figure in Donald Trump’s 2024 transition team, tasked with recruiting over 4,000 officials to shape the next administration. A close friend and financial powerhouse for the US president-elect, Lutnick’s involvement has stirred concerns about conflicts of interest due to his significant Wall Street and cryptocurrency ties Howard Lutnick, Chairman …