Dear Friend,

In these times of elections, climate chaos and COVID-19, independent news is more important than ever. You turn to Democracy Now! because you trust that when we're reporting on the pandemic or the uprisings against police brutality—or the climate crisis—our coverage is not brought to you by the fossil fuel, insurance or weapons industries or Big Pharma. We count on YOU to make our work possible. Today, a generous supporter will DOUBLE your new monthly donation to Democracy Now!, meaning your gift will go twice as far. This is a challenging time for us all, but if you're able to make a monthly donation and provide us with support we can rely on all year, please do so today. Stay safe, and thank you so much.
-Amy Goodman

Non-commercial news needs your support.

We rely on contributions from you, our viewers and listeners to do our work. If you visit us daily or weekly or even just once a month, now is a great time to make your monthly contribution.

Please do your part today.

Donate

Trump Picks Billionaire Army Veteran Vincent Viola to Be Army Secretary

HeadlineDec 21, 2016

Donald Trump has nominated billionaire and Army veteran Vincent Viola to be the secretary of the Army. Viola is a retired Army major and graduate of West Point who is worth nearly $2 billion. He’s the founder of a high-frequency trading company called Virtu. High-frequency trading is a process in which financial firms use algorithms to execute rapid-fire trades, at a speed of a half-millionth of a second, in order to generate tiny profits on each transaction that add up to massive sums of money. Critics have warned the scheme threatens the stability of global financial markets. Viola is also the owner of the National Hockey League’s the Florida Panthers.

The original content of this program is licensed under a Creative Commons Attribution-Noncommercial-No Derivative Works 3.0 United States License. Please attribute legal copies of this work to democracynow.org. Some of the work(s) that this program incorporates, however, may be separately licensed. For further information or additional permissions, contact us.

Non-commercial news needs your support

We rely on contributions from our viewers and listeners to do our work.
Please do your part today.
Make a donation
Top