Internet reports that Howard Lutnick, a cryptocurrency supporter who was nominated by Trump as Secretary of Commerce, previously said that he would resign from Cantor, BGC and Newmark after Senate approval. Howard Lutnick currently serves as CEO of Cantor. He plans to hand over the company's Tether business relationship to colleagues. It is said that the candidate is likely to be his son Brandon Lutnick. Brandon Lutnick, who previously interned in Tether's Swiss business unit and currently works at Cantor, is said to have counted gold bars supporting Tether's $660 million gold-backed token Tether Gold during his internship in Lugano.