Friday, November 22, 2024

Howard Lutnick Commerce 11-22-24

Howard Lutnick is Trump's Pick for Commerce Secretary 

Howard William Lutnick (born July 14, 1961) is an American billionaire businessman, who succeeded Bernard Gerald Cantor as the head of Cantor Fitzgerald.

Howard William Lutnick was born on 14 July 1961 in Long Island, New York, to Dr. Solomon Lutnick who was a history professor at Queens College in Flushing, New York and Jane Lutnick who was a painter and sculptor. Howard is the middle child of 3. He has an old sister Edie Lutnick and a younger brother Gary Lutnick.

Howard Lutnick attended Haverford College. During the first week of his freshman year, his father passed away and the president and dean of Haverford College offered Howard a full scholarship for his entire college education. To this day, Howard is very appreciative of what Haverford College provided for him. Howard Lutnick attended Haverford College. During the first week of his freshman year, his father passed away and the president and dean of Haverford College offered Howard a full scholarship for his entire college education. To this day, Howard is very appreciative of what Haverford College provided for him.

After graduating from Haverford College in 1983 with a degree in economics, Howard began working for Cantor Fitzgerald. When Howard Lutnick was 29 he was named second in command of Cantor Fitzgerald and a year later Howard became the president and CEO of Cantor in 1991 and Chairman in 1996.

https://www.imdb.com/name/nm2965714/bio/

Lutnick likes bitcoin as a commodity:  "I am a fan of crypto, but let me be very specific: bitcoin, just bitcoin. These other coins, they are just not a thing," he told CNBC in a podcast last year, adding: "I'm a big fan of this stablecoin called tether."

"I am a fan of crypto, but let me be very specific: bitcoin, just bitcoin. These other coins, they are just not a thing," he told CNBC in a podcast last year, adding: "I'm a big fan of this stablecoin called tether."

Lutnick has argued bitcoin should be treated as a commodity — meaning it would face less regulation than, say, stocks or bonds — and is superior to other cryptocurrencies given its lack of central authority and censorship-resistant properties.

The 63-year-old is a long-time friend of Trump, a fellow New Yorker. Lutnick is already co-chair of the Trump transition team. 

Norb Leahy, Dunwoody GA Tea Party Leader

 

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