Trump nominates trading firm founder Viola as Army secretary

Businessman Vincent Viola enters Trump Tower in Manhattan, New YorkBy Doina Chiacu and John McCrank WASHINGTON/NEW YORK (Reuters) – President-elect Donald Trump will nominate Vincent Viola, an Army veteran and founder of a high-speed trading firm, to be secretary of the Army, adding another figure from the business world without government experience to his Cabinet. Viola is a West Point graduate who founded the highly profitable high-frequency trading firm Virtu Financial Inc in 2008, Trump’s transition team said in a statement on Monday. Viola is a former chairman of the New York Mercantile Exchange, where he began his financial services career, and is a leader in electronic trading.

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