Commerce nominee Howard Lutnick to divest, step down
Howard Lutnick, Trump's Pick to Run Commerce Department, Releases Financial Disclosures
(Reuters) - Howard Lutnick, President Donald Trump's nominee to lead the Commerce Department, on Friday disclosed his financial holdings and assets ahead of a Senate hearing to confirm him for the role. The Wall Street CEO earned nearly $200 million through financial services company Cantor Fitzgerald.
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Lutnick is stepping down as head of investment bank Cantor Fitzgerald as he prepares to head the Commerce Department.
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