The United States Senate confirmed John Phelan for the position of Navy secretary in a 62-30 vote on Monday.
Phelan is the founder and chair of Rugger Management LLC, a private investment firm, and was the managing partner of MSD Capital, a private equity firm. He donated nearly $1 million to President Donald Trump's fundraising committee, and almost a million to other Republican campaign committees, The Hill reported.
"The Navy and the Marine Corps already possess extraordinary operational expertise within their ranks. My role is to utilize that expertise and strengthen it to step outside the status quo and take decisive action with a results-oriented approach," Phelan said during his confirmation hearing.
