The rumors turned out to be true and Trumps choice for SECNAV has said "thanks, but no thanks". It appears that conflicts-of-interest issues threw a wrench in the works, somewhat ironic considering the same cloud hanging over Trump.Also amusing that the WH was strenuously denying the rumors as false news.
Nominee for Navy Secretary withdraws - POLITICO
President Donald Trump’s nominee for Navy secretary, investor Philip Bilden, has withdrawn from consideration, becoming the second Pentagon pick unable to untangle their financial investments in the vetting process.
"Philip Bilden has informed me that he has come to the difficult decision to withdraw from consideration to be secretary of the Navy," Defense Secretary Jim Mattis said in a statement Sunday evening.
Nominee for Navy Secretary withdraws - POLITICO
President Donald Trump’s nominee for Navy secretary, investor Philip Bilden, has withdrawn from consideration, becoming the second Pentagon pick unable to untangle their financial investments in the vetting process.
"Philip Bilden has informed me that he has come to the difficult decision to withdraw from consideration to be secretary of the Navy," Defense Secretary Jim Mattis said in a statement Sunday evening.