President-elect Donald Trump has added another billionaire to his team. Trump announced Monday that he would nominate Vincent Viola, the billionaire owner of the Florida Panthers hockey team, to serve as secretary of the Army. "Viola's business experience makes him well positioned to help guide a Fortune 10-sized company, the U.S. Army," Trump's transition team said in a statement.
Viola, who made his fortune trading and investing in stocks, is the founder and current executive chairman of the high-speed electronic trading firm Virtu Financial. Previously, he was the chairman of the New York Mercantile Exchange.
Subscribe to The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.
Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
-
One great cookbook: 'Mastering Spice' by Lior Lev Sercarz with Genevieve KoThe Week Recommends The small delights of good spices put to buzzy use
-
How might Trump's second term affect the free press?Today's Big Question The president-elect has previously pledged to go after his supposed 'enemies' in the media
-
Amanemu: an ultra-luxury onsen retreat in Japan's Ise-Shima National ParkThe Week Recommends Soak in blissful private solitude among pine-cloaked hills and steamy hot springs
-
Judges block $25B Kroger-Albertsons mergerSpeed Read The proposed merger between the supermarket giants was stalled when judges overseeing two separate cases blocked the deal
-
Rupert Murdoch loses 'Succession' court battleSpeed Read Murdoch wanted to give full control of his empire to son Lachlan, ensuring Fox News' right-wing editorial slant
-
Bitcoin surges above $100k in post-election rallySpeed Read Investors are betting that the incoming Trump administration will embrace crypto
-
Enron mystery: 'sick joke' or serious revival?Speed Read 23 years after its bankruptcy filing, the Texas energy firm has announced its resurrection
-
US charges Indian tycoon with bribery, fraudSpeed Read Indian billionaire Gautam Adani has been indicted by US prosecutors for his role in a $265 million scheme to secure solar energy deals
-
Boeing machinists approve contract, end strikeSpeed Read The company's largest union approved the new contract offer, ending a seven-week strike
-
US economy still strong in final preelection reportSpeed Read It grew at a solid 2.8% annual rate from July through September
-
Boeing machinists reject deal, continue strikeSpeed Read The rejection came the same day Boeing reported a $6.2 billion quarterly loss
