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Trump Nominee For Navy Secretary Withdraws

Another Trump nominee for a critical government role has decided to withdraw. After two prior Trump nominees,  Army Secretary choice Vincent Viola and Labor nominee Andy Puzder, both removed themselves from consideration for their appointed role in recent weeks citing insurmountable opposition or conflicts, moments ago financier Philip Bilden, a senior advisor at HarbourVest Asia and President Trump’s pick to lead the Navy, was said to become the third Trump appointee to withdraw his nomination.

Virtu Founder Viola Becomes First Trump Nominee To Withdraw From Consideration As Army Secretary

Virtu Founder Viola Becomes First Trump Nominee To Withdraw From Consideration As Army Secretary

Many traders' eyeborws were raised one month ago when Donald Trump announced that the billionaire founder of HFT-market maker Virtu, former chairman of the NY Mercantile Exchange and West Point graduate Vincent Viola  would be appointed Secretary of the Army. Even more eyebrows went up overnight when Military.com first reported that Viola had become the first Trump nominee to withdraw his nomination to be Secretary of the Army after distancing himself from his business ties proved too difficult, according to two Trump administration officials quoted by Bloomberg.