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Army Secretary Pick Vincent Viola Withdraws from Nomination

HeadlineFeb 06, 2017

Trump’s pick to be the Army secretary, billionaire Vincent Viola, has withdrawn from the nomination process, citing his inability to disentangle himself from his business ties. Viola is the owner of the Florida Panthers and the founder of many companies, including the high-frequency trading company called Virtu. Critics have warned high-frequency trading threatens the stability of global financial markets.

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