Donald Trump's commerce secretary pick Howard Lutnick is a Wall Street titan who lost his brother—and nearly 70% of his employees—in the 9/11 attacks [Yahoo! Finance]
BGC Group, Inc. - Class A (BGC)
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Source: Yahoo! Finance
resilience after the 9/11 attacks devastated his company—as his pick for secretary of commerce. In the new role, Lutnick, who has cochaired Trump's transition team, will lead the incoming administration's strategy on tariffs and trade and maintain direct responsibility over the Office of the United States Trade Representative, Trump announced in a post on Truth Social on Tuesday. Lutnick, a longtime New York power player, became president and CEO of Cantor Fitzgerald, a Wall Street investment banking and financial services firm, in the early 1990s at just 29 years old. Throughout Trump's 2024 campaign, Lutnick—who has donated over $1 million to Trump's super PAC and hosted a $15 million fundraiser at his Hamptons house this summer—has served as a top economic advisor. Lutnick was one of the primary voices in Trump's camp advocating for higher tariffs, in a bid to slash corporate taxes stateside and insulate U.S.-based business from competition overseas. For months, many susp
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BGC
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