So my plan is to only serve the American people. So I will divest, and I will sell all of my interests, all of my business interests, all of my asset… - Howard Lutnick

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So my plan is to only serve the American people. So I will divest, and I will sell all of my interests, all of my business interests, all of my assets, everything. I've worked together with the Office of Government Ethics, and we've reached agreement on how to do that. And I will be divesting within 90 days upon my confirmation. So I should have no business interest, therefore, no conflicts of interest. I've made the decision that I've made enough money in my life. I can take care of myself, I can take care of my family. It is now my chance to serve the American people.

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About Howard Lutnick

Howard William Lutnick (born July 14, 1961) is an American businessman who was appointed to serve as the United States Secretary of Commerce by the Trump Administration in February, 2025. He was formerly the head of Cantor Fitzgerald, a corporation affected directly by the September 11, 2001 Terrorist Attacks in Manhattan, New York.

Also Known As

Alternative Names: Howard William Lutnick Howard W. Lutnick
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Additional quotes by Howard Lutnick

Well, decisions I made were they needed to have a boss for the business. If I didn't have a leader, I shut it. And I had a division of 86 people where four people survived. And you can't really build a business back with four people. Basically, we went from being a great company that was making a million dollars a day to a company that was losing a million dollars a day. But they all have mortgages to pay, and they need to put food on their table. So one of the things I did is I would call the leaders of other companies and say, here, this guy's John. He sells this many products. He's incredibly successful. You would've never been able to hire him. He was never going to come work for you.

Before 9/11, we wanted to do things on our own. And then after 9/11, I just wanted to be partners with everybody. I feel like working with other firms, working with other companies, working with other people just builds a stronger foundation beneath you. And I needed the breadth and scale of that foundation beneath me. So I'm much more attuned to working together with others, to being partners with others, to creating broad coalitions and that's what Cantor Fitzgerald has set out to do. It works really, really well with all sorts of other companies. And that's the key part of what's made us successful.

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