Commerce Secretary Howard Lutnick reported at least $250 million in income and other proceeds during 2025, according to his newly released annual financial disclosure. The 74-page filing showed a $192 million distribution from Cantor Fitzgerald, described as a tax distribution under the ethics agreement he signed before taking office. Lutnick also disclosed $4.2 million in Newmark salary and bonus, $19.6 million from exchanging Newmark partnership units, $14.1 million in salary and bonus from BGC Group, and more than $5 million in BGC restricted stock units. He reported at least $259 million in asset sales and at least $166 million in purchases, including large positions in an S&P 500 exchange-traded fund and Fidelity Treasury funds. The filing uses broad asset ranges and does not establish a precise net worth.