The wealthy U.S. Commerce Secretary Howard Lutnick, whose previous firm Cantor Fitzgerald is deeply invested in real estate, cryptocurrency and treasuries, has become the brash new face of Trump’s economic agenda, championing tariffs and digital assets while ethics watchdogs warn that the potential conflicts from his sprawling financial interests remain unchecked.
On March 20, Lutnick appeared on Fox News and urged viewers to buy Tesla stock as the markets plummeted. When they recovered in early April, he was quick with an upbeat post on X: “Never bet against Donald Trump. Never bet against America.” Lutnick is also fully on board with Trump’s pro-crypto agenda, which could benefit Cantor Fitzgerald — a firm now run by Lutnick’s sons.
