Howard Lutnick

Secretary of Commerce

Howard W. Lutnick has been nominated to serve as the 41st United States Secretary of Commerce. During President Trump’s 2024 election campaign, he was the Co-Chair of the Trump-Vance Transition Team.

  • Republican
  • Currently serving
Portrait of Howard Lutnick
Role Secretary of Commerce

Current office, as recorded in the directory.

State Washington, D.C.

Executive branch of the federal government.

Service since January 20, 2025

Dates of service on record.

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Biography

Howard W. Lutnick has been nominated to serve as the 41st United States Secretary of Commerce. During President Trump’s 2024 election campaign, he was the Co-Chair of the Trump-Vance Transition Team.1

Before entering public service, Mr. Lutnick was a prominent figure on Wall Street for over three decades, simultaneously serving as Chairman and CEO of Cantor Fitzgerald, L.P. and BGC Group, as well as Executive Chairman of Newmark. He joined Cantor Fitzgerald in 1983 and quickly rose through the ranks, becoming President and CEO at just 29 years old.

Tragedy struck on September 11, 2001, when terrorists attacked the World Trade Center and Cantor Fitzgerald lost 658 of its 960 New York-based employees, including Mr. Lutnick’s brother and his best friend. He emerged from these events with an indomitable sense of purpose to rebuild the firm to honor those lost, support their families, and become a beacon of hope for those who remained.

In the days after the attacks, Mr. Lutnick launched the Cantor Fitzgerald Relief Fund, which donated $180 million to families of his coworkers who died on 9/11. He has donated more than $100 million to victims of terrorism, natural disasters, and other emergencies around the world.

Mr. Lutnick served on the Board of Directors of the National September 11 Memorial & Museum and Weill Cornell Medicine. He was named the Financial Times Person of the Year in 2001 and Ernst & Young’s United States Entrepreneur of the Year in 2010. Howard also received the Department of the Navy’s Distinguished Public Service Award, the highest honor granted to non-military personnel by the Navy.

References

  1. The Administration. The White House. Retrieved January 25, 2025.