Lutnick Vows To Divest From Newmark, Cantor Fitzgerald In 90 Days If Confirmed As Commerce Head
Howard Lutnick, chairman and CEO of investment firms Cantor Fitzgerald and BGC Group, told the U.S. Senate Committee on Commerce, Science and Transportation that he would divest “all of my interests, my business interests, all of my assets, everything.”
The resolution of the shareholder complaint comes days ahead of Lutnick’s confirmation hearing for Commerce Secretary.
Democrats are looking to exploit the Commerce secretary nominee’s vast wealth and financial entanglements at his confirmation hearing Wednesday.
The Commerce Secretary nominee called the law “necessary and important,” but stopped short of committing to honor the ...
WASHINGTON—Howard Lutnick’s journey from Wall Street veteran to one of President Trump’s most hawkish trade advisers began with a speech at an October campaign rally at Madison Square Garden.
On the campaign trail with Donald Trump, Howard Lutnick railed against policies that encouraged factories and jobs to move to Mexico. But at the same time, the president’s eventual nominee for ...
The U.S. is threatening a two-stage tariff plan in which Canada and Mexico could get hit with initial trade penalties within ...
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