Brandon Lutnick

Lutnick’s father, Howard Lutnick, was CEO of Cantor Fitzgerald and chairman and CEO of BGC Group. He attended the New York private school Horace Mann School. In May 2021, he graduated from Stanford University with a bachelor’s degree in Symbolic Systems.⁠[1][2][2][3]

In the summer of 2019, Lutnick was a summer analyst at Newmark, Cantor’s commercial real estate services company, and later had a summer internship at the private-credit firm Oak Hill Advisors.⁠[2]

In June 2021, Lutnick began his career as a credit analyst at Oak Hill Advisors, where he worked for several months.⁠[3][2]

In April 2022, Lutnick joined Cantor Fitzgerald, working in equity sales and trading for about two years.⁠[3][2]

From April 2024, Lutnick worked in Cantor’s Office of the Chairman, managing strategy and overseeing special projects relating to Cantor and its affiliates, and served as chairman and CEO of Cantor’s special purpose acquisition companies (SPACs), including Cantor Equity Partners and Cantor Equity Partners I. At Cantor he worked with Tether.⁠[3][3][2]

In February 2025, after Howard Lutnick was confirmed by the Senate as the 41st Secretary of Commerce, Lutnick became chairman and CEO of Cantor Fitzgerald, L.P. and CEO of its managing general partner, CF Group Management, at age 27; his older brother Kyle Lutnick became executive vice chairman. On February 18 he was appointed to the board of BGC Group, which Cantor controls, without compensation for board service; on March 5 he was appointed chairman of Cantor Fitzgerald Income Trust.⁠[1][3][1][2][1][1][3]

Cantor Equity Partners, of which Lutnick is chairman and CEO, announced a merger with Twenty One, a Bitcoin company launched by Tether, SoftBank and Jack Mallers. He said Cantor’s relationships with innovative partners are key to unlocking unique opportunities and that Cantor was proud of its role in the collaboration between Tether and SoftBank. On December 3, 2025, the SPAC’s shareholders approved the merger proposal.⁠[4][4][4][5][5]

To divest Howard Lutnick’s interests in compliance with government ethics rules, Howard, as trustee, agreed to sell all the voting shares of CF Group Management, Cantor’s managing general partner, to trusts controlled by Brandon G. Lutnick; after closing, Lutnick would be deemed to have voting or dispositive power over the Newmark shares held by Cantor. The same day, Lutnick and his siblings Kyle, Casey and Ryan, each as trustees of certain trusts, entered into a family voting and transfer agreement, with him as the controlling investment trustee of the purchaser trusts.⁠[6][6][6][7][7]

Richard Blumenthal, ranking member of the U.S. Senate Permanent Subcommittee on Investigations, wrote to Lutnick requesting information about Cantor Fitzgerald’s business partnership with the stablecoin issuer Tether and its practices for detecting violations of banking and sanctions laws. Blumenthal wrote that since Trump’s return to office, Cantor’s 5% stake in Tether had risen in value from $600 million to an estimated $10 billion and that most of Tether’s assets are held in the United States in Cantor’s custody; he asked Cantor to answer 13 requests by October 23, including its annual revenue from the partnership, the Lutnick family’s earnings, its audit and compliance oversight of Tether, and the terms of any loan involved in Howard Lutnick’s transfer of his stake to his children.⁠[8][8][8][8][9][8][8]

The letter is a request for information rather than a subpoena and does not accuse Cantor of breaking a specific law. Its request about a loan corresponds to a reported loan of undisclosed size from Tether to a trust for Lutnick’s four children, made around the time they bought out their father’s stake in Cantor; Senators Elizabeth Warren and Ron Wyden asked Howard Lutnick and Tether about it in April 2026. Tether did not address the subcommittee’s September 28 report directly, but issued a statement the same day citing about $550 million in Iran-linked USDT it had helped freeze that year.⁠[10][10][10][10][9]