Trump expected to tap billionaire crypto booster Cantor Fitzgerald CEO Howard Lutnick as Commerce Secretary [Fortune]
Apollo Global Management, Inc. (New) (APO)
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Source: Fortune
Lutnick has emerged as a key advisor to Trump, who won the U.S. presidential election earlier this month. He has led the transition team along with Linda McMahon, the co-founder and former CEO of WWE, who was once considered a shoo-in for the Commerce post. Lutnick is a cryptocurrency enthusiast while his firm, Cantor Fitzgerald, manages some of the stablecoin Tether's reserve funds. Lutnick will succeed Gina Raimondo , who is the current Commerce secretary. Raimondo is the former governor of Rhode Island, and the founder of venture firm Point Judith Capital. News of Lutnick's nomination to the Commerce position was first reported by Punchbowl News and then confirmed by the Wall Street Journal Lutnick was recently considered a top contender to lead the Treasury department, but his enthusiasm for the job was reportedly rubbing Trump the wrong way. Scott Bessent, CEO and CIO of hedge fund manager Key Square Capital Management, is a frontrunner for the treasury position, while o
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News
- Trump Nominates Hedge Fund Chief Bessent to Lead US Treasury [Yahoo! Finance Canada]Yahoo! Finance Canada
- Trump Nominates Hedge Fund Chief Bessent to Lead US Treasury [Yahoo! Finance]Yahoo! Finance
- Trump picks Scott Bessent, the 'investor favorite,' for Treasury secretary [Yahoo! Finance Canada]Yahoo! Finance Canada
- Trump picks Scott Bessent, the 'investor favorite,' for Treasury secretary [Yahoo! Finance]Yahoo! Finance
- Trump Team Prepares to Announce Bessent as Treasury Pick [Yahoo! Finance Canada]Yahoo! Finance Canada
APO
Earnings
- 11/6/24 - Beat
APO
Sec Filings
- 11/21/24 - Form 4
- 11/18/24 - Form 4
- 11/15/24 - Form 4
- APO's page on the SEC website