Howard Lutnick, known for his leadership at Cantor Fitzgerald, will be stepping away from all business roles. With his recent nomination as Commerce Secretary under President-elect Donald Trump, he is making significant life changes. Lutnick has decided to pass the Tether deal responsibilities to his son. This decision marks a noteworthy transition in leadership and strategy for his businesses. The impact of this change remains to be seen as Lutnick clears the way for new directions.