Trump taps billionaire businessman as Army secretary

Billionaire businessman Vincent Viola is President-elect Donald Trump's pick for the next Army secretary.

Viola is the founder of Virtu Financial, an electronic trading firm, and owner of the National Hockey League's Florida Panthers. He's also past chairman of the New York Mercantile Exchange.

In a statement yesterday, Trump praised Viola, the son of Italian immigrants, as "living proof of the American dream" who has "long been engaged with national security issues."

Read more from The Associated Press.