President Trump announced his new choice for Secretary of the Navy on Friday. The president has picked former Marines Corps Captain Richard V. Spencer.
Spencer, an investment banker from Wyoming was a Marine aviator from 1976 to 1981, and has worked in the finance industry for the past 12 years. He has also served on the board of directors for a defense business as vice-chairman for the past five years.
Spencer received a degree from Duke University’s Fuqua School of Business, and also attended Rollins College in Florida.
If he receives confirmation by the Senate, Spencer will be the 76th Navy secretary.
Trump had originally tapped Philip Bilden for the role, but he withdrew his name in February.
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