{ }
Symbol NMRK
Name Newmark Group, Inc.
Currency USD
Sector Real Estate
IndustryGroup Real Estate
Industry Real Estate Management & Development
Market NASDAQ Global Select
Country United States
State NY
City New York
Zipcode 10017
Website http://www.ngkf.com
Howard Lutnick, CEO of Cantor Fitzgerald LP, plans to step down from his businesses and divest his interests in BGC Group Inc. and Newmark Group Inc. if confirmed as commerce secretary in Donald Trump's administration. He intends to retain his shares rather than sell them on the open market.
Elon Musk has endorsed Howard Lutnick, Trump’s transition co-chair, for Treasury secretary, stating he will “actually enact change.” Musk criticized Scott Bessent, another candidate, as a “business-as-usual choice” that could lead to further economic decline. Trump’s team has yet to finalize the Treasury position, with both Lutnick and Bessent having strong ties to the president-elect.
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