Senate Confirms Another Top Trump Nominee

Phelan, however, contended that his private sector background uniquely positions him to address the Navy’s persistent challenges, including failed audits, workforce issues, cost overruns, and delays in shipbuilding

He is the founder and chair of Rugger Management LLC, a Florida-based private investment firm, and previously served as managing partner of MSD Capital, a private equity firm.

During his confirmation hearing, Phelan stated that his outside business experience would aid the Navy in urgent need of reform.