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U.S. Department of Commerce · SecretaryIn office

Runs US trade and tariff policy and the sprawling Commerce Department, from chips to the census.

Howard Lutnick was appointed, not elected, and is worth $7.4B. This file tracks the money next to the markets this office controls.

TariffsTrade rulesChipsThe census
Official portrait of Howard Lutnick
Howard Lutnick
File A - Money Read

What the money shows

Howard Lutnick is Secretary of Commerce at U.S. Department of Commerce, an office tied to Tariffs, Trade rules, and Chips. Howard Lutnick has a listed net worth of $7.4B, sourced to Forbes Real-Time Billionaires. Howard Lutnick's appointment file lists President Trump, a 51 to 45 confirmation vote, and a 2025 sworn-in year. The disclosure lists 5 holdings, including Cantor Fitzgerald LP interests at $50M+.

Sources: OGE · FEC

Nominated
Jan 20, 2025
by President Trump
Confirmed
51-45
Feb 18, 2025
Sworn in
Feb 24, 2025
41st Commerce Secretary
Term
Serves at the President's pleasure
File A - The money, next to the power

The portfolio vs. the jurisdiction

Estimated net worth: Estimated $7.4B by Forbes Real-Time Billionaires.Forbes Real-Time Billionaires · 2026-07-26
Cantor Fitzgerald LP interestsfinance$50M+
BGC Group equitymarkets$50M+
Newmark Group equityhousing$50M+
Nasdaq Inc. - reported sold after confirmationmarkets$1M-$5M
KBCR Management Partners LLCfinance$5M-$25M
File B - The power

What this office controls

Commerce shapes the rules for trade, tariffs, technology exports, and business data. It can help or hurt companies that sell overseas, buy foreign parts, or depend on government economic reports. The department also runs the census, which guides political maps and federal money.

File C - Before this office

Career

Cantor Fitzgerald CEO · BGC Group chairman · Newmark Group chairman · Trump transition co-chair