US Commerce Secretary Howard Lutnick reported at least $250 million in income and other proceeds in 2025, his first year in government, according to a newly released 74-page financial disclosure filed with the Office of Government Ethics. The biggest amount was a $192 million tax distribution from Cantor Fitzgerald, the firm he led for decades. His other reported income included $19.6 million from a Newmark partnership unit exchange, $14.1 million in salary and bonuses from BGC Group, and more than $5 million from BGC restricted stock units. Lutnick also sold at least $259 million worth of assets and bought at least $166 million, primarily in Treasury securities and broad-market funds. He remains among the wealthiest members of President Donald Trump's Cabinet.
