Trump picks Cantor Fitzgerald CEO Howard Lutnick as Commerce Secretary

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Trump picks Cantor Fitzgerald CEO Howard Lutnick as Commerce Secretary
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President-elect Donald Trump said Tuesday he has chosen a key transition adviser and billionaire financial services executive, Howard Lutnick, to lead the…

President-elect Donald Trump said Tuesday he has chosen a key transition adviser and billionaire financial services executive, Howard Lutnick, to lead the Commerce Department.

Lutnick has been at Cantor Fitzgerald since the early 1980s when he graduated from Haverford College in Pennsylvania with an economics degree. Lutnick suffered immense personal tragedy at a young age, losing his mother while still a student in high school and then his father during his first week at college. Lutnick was working at Cantor Fitzgerald when terrorists targeted New York’s World Trade Center towers on Sept. 11, the firm's headquarters.

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