Trump to nominate Marine veteran Richard Spencer for Navy secretary

Navy Times: WASHINGTON — President Trump says he's found a new candidate for the civilian post of Navy secretary.

His name is Richard Spencer, and he's a former financial industry executive. Spencer is also a former Marine Corps captain.

The White House says Spencer most recently was managing partner of Fall Creek Management, a privately held management consulting company in Wyoming. Spencer also was vice chairman and chief financial officer for Intercontinental Exchange Inc., a financial market company, and president of Crossroads Group, a venture capital firm that was bought by Lehman Brothers in 2003.

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