Howard Lutnick, Cantor CEO, Confirmed by Senate to Lead Commerce

Feb. 18, 2025, 11:47 PM UTC

Howard Lutnick, the billionaire CEO of Cantor Fitzgerald LP, was confirmed by the Senate Tuesday to be President Donald Trump’s Commerce secretary.

Lutnick, approved on a vote of 51-45, will oversee a large department with responsibilities ranging from fisheries management to export controls. Trump has tasked Lutnick with leading the administration’s tariff and trade agenda and has said he will have direct responsibility for the Office of the US Trade Representative.

Howard Lutnick
Photographer: Samuel Corum/Sipa/Bloomberg

Lutnick told senators during his confirmation hearing that tariffs will be used to bolster US national security and restore American manufacturing and supply chains. ...

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