President Donald Trump tours the Combat Direction Center on the pre-commissioned USS Gerald R. Ford aircraft carrier in Newport News, Virginia on March 2, 2017.

Saul Loeb | AFP | Getty Images

President Donald Trump tours the Combat Direction Center on the pre-commissioned USS Gerald R. Ford aircraft carrier in Newport News, Virginia on March 2, 2017.

President Donald Trump plans to nominate Richard Spencer, who has worked as a financial
industry executive, to be Secretary of the Navy, the White House said on Friday.

Spencer also served as a captain in the U.S. Marine Corps and spent five years on the Defense Business Board, most recently as Vice Chairman, the White House said in a statement.

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