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Howard Lutnick U.S. Secretary of Commerce

Jewish Billionaire Who Donated to Israel, Howard Lutnick, Will Be U.S. Secretary of Commerce

U.S. President-elect Donald Trump announced on Tuesday, November 19, that he had nominated Howard Lutnick, Chairman & CEO of Cantor Fitzgerald, as the United States Secretary of Commerce in his administration.  

“He will lead our Tariff and Trade agenda, with additional direct responsibility for the Office of the United States Trade Representative,” Trump said in a statement announcing the move.  

Lutnick, 63, serves as the co-chair of Trump’s presidential transition team and had been in a battle with Scott Bessent over the role of Treasury Secretary.  Lutnick, who is Jewish, joined Cantor Fitzgerald in 1983 and rapidly rose through the ranks to become President and CEO of the company at the age of 29.  

On September 11, 2001, when terrorists attacked the World Trade Center, Cantor Fitzgerald lost 658 of its 960 New York-based employees, including Lutnick's brother, Gary Lutnick.  

Lutnick is a staunch supporter of Israel. This past June, he announced that the Cantor Fitzgerald Relief Fund would make a $7 million donation to support those impacted by the war in Israel, a portion of which would go directly to United Hatzalah. (INN/VFI News)

“I, therefore, the prisoner of the Lord, beseech you to walk worthy of the calling with which you were called, with all lowliness and gentleness, with longsuffering, bearing with one another in love, endeavoring to keep the unity of the Spirit in the bond of peace.” - Ephesians 4:1-3