Trump taps billionaire crypto booster Cantor Fitzgerald CEO Howard Lutnick as Commerce Secretary [Yahoo! Finance]
Apollo Global Management, Inc. (New) (APO)
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Source: Yahoo! Finance
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 cofounder 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. Trump confirmed Tuesday he had picked Lutnick on his social media platform Truth Social. Lutnick will lead "our Tariff and Trade agenda, with additional direct responsibility for the Office of the United States Trade Representative," according to the Truth Social post 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 by the Wall Street Journal Lutnick was recently consider
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APO
Earnings
- 11/6/24 - Beat
APO
Sec Filings
- 11/18/24 - Form 4
- 11/15/24 - Form 4
- 11/15/24 - Form 4
- APO's page on the SEC website