Business
Lutnick reports more than $250 million in income
The US Commerce Secretary’s reported disclosure gives no income breakdown. He unwound his ties to Cantor Fitzgerald on joining the Trump administration.
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Owen Mercer
Markets and Finance Editor
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Source: CNBC · View original source
Markets
US Commerce Secretary Howard Lutnick reported more than $250 million in income last year, according to a disclosure cited by CNBC. The source package does not specify the document or the precise reporting period.
Lutnick, a billionaire financier, unwound his ties to Cantor Fitzgerald when he joined the Trump administration, the report said.
The available information does not explain what unwinding those ties involved or detail the sources of his reported income.
