Billionaire stock trader and West Point graduate Vincent Viola reportedly couldn't divest from enough of his assets to satisfy the Pentagon.
Vincent Viola apparently dropped out from being considered for Army secretary Friday night. Viola has always been involved with philanthropic projects and is a former victor of the Ellis Island Medal of Honor, the Associated Press added.
According to the Military Times, Viola found it too hard to disentangle himself from his many businesses in order to take the government position. He also owns the NHL's Florida Panthers.
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The report stated that the decision was confirmed by two administration officials of President Donald Trump and a third person familiar with Viola's decision. But he made his claim to fame when he founded trading firm Virtu Financial in 2008, which then went public in 2015. "I offer my continued support for President Trump and his administration, and look forward to redoubling my efforts to support the Army and its veterans as a private citizen". He trained as an Airborne Ranger infantry officer and served in the 101st Airborne Division.
Though Viola is upset he won't serve in what the New York Times said is his "lifelong dream job", he definitely has plenty of $100 bills to use as tissues. He is the first of Trump's nominees to withdraw.
Viola has donated more than $10 million to the U.S. Military Academy and funded the Combating Terrorism Center at West Point.