Trump to Nominate Richard Spencer for Navy Secretary - NBC 6 South Florida
President Donald Trump

President Donald Trump

The latest news on President Donald Trump's first year as president

Trump to Nominate Richard Spencer for Navy Secretary

The Senate must approve Spencer's nomination

    processing...

    NEWSLETTERS

    Trump to Nominate Richard Spencer for Navy Secretary
    Getty Images
    The USS Kearsarge (LHD 3) joins The Parade of Ships as it makes its way past the Statue of Liberty on the opening day of Fleet Week on May 24, 2017 in New York City.

    President Donald Trump says he's found a new candidate for the civilian post of Navy secretary.

    His name is Richard Spencer, and he's a former financial industry executive. Spencer is also a former Marine Corps captain.

    The White House says Spencer most recently was managing partner of Fall Creek Management, a privately held management consulting company in Wyoming. Spencer also was vice chairman and chief financial officer for Intercontinental Exchange Inc., a financial market company, and president of Crossroads Group, a venture capital firm that was bought by Lehman Brothers in 2003.

    Trump's first choice for Navy secretary, businessman Philip Bilden, withdrew from consideration in February. Bilden cited privacy concerns and the difficulty of separating from his business interests.

    Steve Bannon Out as White House Chief Strategist

    [NATL] Steve Bannon Out as White House Chief Strategist

    Steve Bannon has departed the White House, where he was President Donald Trump’s chief strategist. His tenure lasted seven months. White House chief of staff John Kelly and Bannon mutually agreed that Friday would be Bannon’s last day, according to a statement from the press secretary that said they were “grateful for his service.”

    (Published Friday, Aug. 18, 2017)

    The Senate must approve Spencer's nomination.