Trump’s nominee to be Secretary of the Navy withdraws from consideration | Toronto Star

WASHINGTON - President Donald Trump’s choice to be secretary of the Navy is withdrawing from consideration for the post, citing concerns about privacy and separating himself from his business interests.The nominee, Philip Bilden, is a businessman and...

Trump’s nominee to be Secretary of the Navy withdraws from consideration | Toronto Star

WASHINGTON - President Donald Trump’s choice to be secretary of the Navy is withdrawing from consideration for the post, citing concerns about privacy and separating himself from his business interests.

The nominee, Philip Bilden, is a businessman and former military intelligence officer in the Army Reserve.

Read the latest news on U.S. President Donald Trump

In a statement Bilden says he has determined that he will not be able to satisfy the Office of Government Ethics requirements without what he calls “undue disruption and materially adverse divestment of my family’s private financial interests.”

Bilden recently retired from a global private equity management firm, HarbourVest Partners LLC, after 25 years.

Defence Secretary Jim Mattis says in a statement that Bilden informed him of the decision. Mattis says he will make a recommendation to Trump for a nominee in the coming days.

The Toronto Star and thestar.com, each property of Toronto Star Newspapers Limited, One Yonge Street, 4th Floor, Toronto, ON, M5E 1E6. You can unsubscribe at any time. Please contact us or see our privacy policy for more information.

Our editors found this article on this site using Google and regenerated it for our readers.

You need to login to comment.

Please register or login.

RELATED NEWS