Monday, December 19, 2016

Trump Nominates High Frequency Trader for Secretary of the Army

Vincent Viola, co-founder of high-frequency trading firm Virtu Financial Inc., will be nominated by president-elect Donald Trump as Secretary of the Army.

Viola, a billionaire, is well connected in both financial markets and national security circles. He is a former chairman of the New York Mercantile Exchange and helped found the Combating Terrorism Center at West Point. He is on the West Point’s Army Cyber Institute Advisory Board and is a West Point graduate and a U.S. Army veteran.

Viola has personally poured millions into a West Point antiterrorism center and helped write a textbook about battle strategy, “The Westpoint History of the Civil War."

(via The Wall Street Journal)

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