NEW YORK: Donald Trump’s commerce secretary nominee, Howard Lutnick, is taking a key step back from running his financial group, handing off leadership of one of his blank-cheque companies to his 26-year-old son.
Brandon Lutnick, a trader at his father’s Cantor Fitzgerald LP, has been listed as chief executive at its most recently created special-purpose acquisition company (SPAC), Cantor Equity Partners I Inc, according to a filing Wednesday.
