Financier John Phelan Tapped to be Next Navy Secretary – USNI News https://t.co/ZGIFqaOGy4> pic.twitter.com/b7wOCPYBWo

— USNI News (@USNINews) November 27, 2024

Trump announced on Tuesday night that he is nominating businessman and art collector John Phelan as Secretary of the Navy.
In praising Phelan’s “knowledge and experience,” Trump hailed his private equity credentials.

“John has excelled in every endeavor, from founding and leading Rugger Management LLC, to co-founding MSD Capital, LP, the Private Investment Firm for Michael Dell, CEO of Dell Technologies,” he said in a statement posted. “His Record of Success speaks for itself – A true Champion of American Enterprise and Ingenuity!”

“John’s intelligence and leadership are unmatched,” the statement continued. “John holds an MBA from the Harvard Business School, and is a truly brilliant guy! His incredible knowledge and experience will elevate the lives of the brave Americans who serve our Nation. John will deliver real results for our Navy and our Country. I look forward to working with him.”

Phelan, an avid art collector, was a major donor to the president-elect this election cycle and reportedly hosted Trump at his $38 million Aspen home during the campaign

Conspicuously absent was any role in the Navy or in the armed forces generally. That’s because Phelan has no military experience

How is this possible?

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