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Unexpected Fallout: Trump Pick for US Army Chief Reportedly Withdraws Nomination
Unexpected Fallout: Trump Pick for US Army Chief Reportedly Withdraws Nomination
Sputnik International
Billionaire Vincent Viola, who was US President Donald Trump's pick for Secretary of the Army, pulled his named out of consideration, local media reported. 04.02.2017, Sputnik International
2017-02-04T03:53+0000
2017-02-04T03:53+0000
2022-08-06T11:31+0000
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Unexpected Fallout: Trump Pick for US Army Chief Reportedly Withdraws Nomination
03:53 GMT 04.02.2017 (Updated: 11:31 GMT 06.08.2022) Billionaire Vincent Viola, who was US President Donald Trump's pick for Secretary of the Army, pulled his named out of consideration, local media reported.
WASHINGTON (Sputnik) — Viola, the founder of the electronic trading company Virtu Financial, was nominated for position in late December.
3 February 2017, 18:29 GMT
The transition team stated at the time that Viola "has proved throughout his life that he knows how to be a leader and deliver major results in the face of any challenge."
However, the Military Times reported on Friday that Viola could not "get around strict Defense Department rules concerning his family businesses."
Viola has now become the first of Trump’s nominees for Cabinet positions to withdraw himself from consideration for a post.
His estimated worth is around $2.5 billion according to the Bloomberg Billionaires Index.