Cantor Fitzgerald CEO and Commerce Secretary nominee Howard Lutnick became visibly emotional at his confirmation hearing Wednesday as he recalled the more than 650 employees — including his

Howard Lutnick, President Donald Trump’s pick to run the Commerce Department, said in his Senate hearing that he plans to sell all his business stakes if confirmed and for the first time acknowledged a bond his firm has with a controversial cryptocurrency client.

Billionaire businessman Howard Lutnick will face a senate hearing on Wednesday for his nomination to be Donald Trump’s secretary of commerce, as questions swirl over whether his pledge to unwind his significant holdings will be enough to avoid numerous conflicts of interest.

The resolution of the shareholder complaint comes days ahead of Lutnick’s confirmation hearing for Commerce Secretary.

Howard Lutnick, President Donald Trump's nominee for Commerce Secretary and CEO of Cantor Fitzgerald, says the firm has no equity in Tether, a controversial crypto firm. But he does say Cantor owns a convertible bond with Tether.

Howard Lutnick, President Trump's pick to run the Department of Commerce, is probed by the senator on the Tether connection of his firm, Cantor Fitzgerald.

Howard Lutnick, President Donald Trump’s nominee for commerce secretary, labeled the US Patent and Trademark Office’s patent application backlog “unacceptable” and committed to end what he called China’s abuse of the agency during his Wednesday confirmation hearing.

Lutnick, a billionaire businessman and co-chair of President Donald Trump’s transition team, testifies Wednesday in his confirmation hearing to become commerce secretary.

Cantor Fitzgerald has a convertible bond with Tether, incoming Commerce Secretary Howard Lutnick said at his confirmation hearing, confirming previous reporting by The Wall Street Journal that

Howard Lutnick, CEO of Wall Street brokerage firm Cantor Fitzgerald, did not address policy specifics in his written testimony for the Senate Commerce Committee seen by Reuters. As commerce secretary, Lutnick is to have "additional direct responsibility" for the U.S. Trade Representative's office.

During a confirmation hearing to become Commerce Secretary, the billionaire Bitcoin backer faced questions about his firm’s ties to Tether.