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Will Trae Stephens be nominated as Deputy Secretary of Defense by February 28, 2025?
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Donald Trump•John Phelan•Navy•Phelan•Picasso•Trump•Aspen•Trae Stephens•Anduril•Stephens•Department of Defense
Resolution / Starting Odds
Yes • 50%
No • 50%
Official announcement from the White House or reputable news sources such as CNN, BBC, or Reuters
Story
Trump Nominates GOP Donor John Phelan, Art Collector, for Navy Secretary
Nov 27, 2024, 07:35 AM
President Donald Trump has nominated John Phelan, a financier and significant GOP donor with no military or naval experience, to serve as the Secretary of the Navy. Phelan, known for his private equity work and his collection of Picasso artworks, has raised concerns due to his lack of relevant background, with critics pointing out that his primary qualification appears to be his financial support for Trump's campaign, including hosting a fundraising dinner at his $38 million Aspen home. Additionally, Trump is considering Trae Stephens, a partner in Peter Thiel's Founders Fund and executive at Anduril, for the position of Deputy Secretary of Defense. Stephens, who has a background in military technology and innovation, could influence the Department of Defense's budget.
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