Lutnick to step down as CEO of Cantor Fitzgerald if confirmed as head of US Commerce Department 

Mr Lutnick has taken aim at Ireland's trade surplus, arguing it has come at the expense of the US. Meanwhile, his firm, Cantor Fitzgerald has a significant presence in Ireland, with offices in Cork, Dublin and Limerick

Howard Lutnick, chairman and chief executive officer of Cantor Fitzgerald and nominee for head of US Commerce Department. Photographer: Adam Gray/Bloomberg via Getty Images

Cantor Fitzgerald CEO Howard Lutnick, President Donald Trump’s nominee for Commerce Secretary, said he plans to sell all his assets and business interest if confirmed.

Speaking at his senate confirmation on Wednesday, the billionaire businessman said: “I will sell all of my interests, all of my business interests, all of my assets, everything."