Vincent Viola, Nominee for Army Secretary, Drops OutBy
CreditKevin Hagen for The New York Times
Vincent Viola, a billionaire Wall Street trader and President Trump’s nominee for secretary of the Army, abruptly withdrew his name for the post on Friday night after concluding it would be too difficult to untangle himself from his business ties, two government officials said.
Mr. Viola is an owner of the Florida Panthers hockey club and a majority shareholder in Virtu Financial and Eastern Air Lines, among a number of other business interests. This week The New York Times reported that Mr. Viola had been negotiating to swap his stake in Eastern Air Lines for a stake in Swift Air, an airline with government subcontracts…
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