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Fortune
Fortune
Jane Thier

Trump’s commerce secretary pick Howard Lutnick: A Wall Street titan who lost his brother—and nearly 70% of his employees—in the 9/11 attacks

Howard Lutnick, Chairman and CEO of Cantor Fitzgerald and Co-Chair of the Trump 2024 Transition Team speaks at a rally for former US President and Republican presidential candidate Donald Trump at Madison Square Garden in New York, October 27, 2024. (Photo by ANGELA WEISS / AFP) (Photo by ANGELA WEISS/AFP via Getty Images) (Credit: Angela Weiss—Getty Images)

President-elect Donald Trump has named Howard Lutnick—the CEO known for his sharp-elbowed ascent to Wall Street’s upper echelon, as well as his 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. 

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