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SASC Advances Richard V. Spencer SECNAV Nomination

Secretary of the Navy nominee Richard V. Spencer on July 11, 2017. C-SPAN Image

Secretary of the Navy nominee Richard V. Spencer has cleared the Senate Armed Services Committee to have his nomination voted on by the full Senate.

“Today, the [SASC] voted by voice vote to favorably report the nomination of Richard V. Spencer to be Secretary of the Navy,” read a statement.
“The nomination was immediately reported to the floor following the Committee’s action.”
Spencer appeared before the SASC on Tuesdays and pledged an agenda of oversight, transparency and acquisition reform before the panel.

“We have to allow the people who have the education and the intelligence to make acquisitions and to face off problems to provide the solutions,” Spencer said during the hearing.
“And they have to know and be responsible for the outcome and be accountable for it. And I think that’s one of the biggest steps forward we make right off the bat.”

The hearing was largely congenial with bipartisan support from the panel.
“We look forward to confirming you, clearly, before we reach our well-deserved rest of a pause for the month of August,” McCain said.
“So we will be moving your nomination quickly to the floor of the Senate, and hopefully we can get it done to get you to work.”

Spencer served for four years in Marines as a CH-46 pilot after graduating from Rollins College in 1976. He worked in high finance for the majority of his career serving as the chief financial officer and vice chairman of the electronic commodities futures exchange Intercontinental Exchange, Inc., until 2008. He’s was also the managing director of Fall Creek Management, LLC. He’s served on both the DoD Business Board and the Chief of Naval Operations Board of Business Advisors.
Spencer is the administration’s second nominee for the position, after financer Philip Bilden said he would be unable to meet the requirements of the Office of Government Ethics requirements for the position without “materially adverse divestment” of his family’s financial interests.

  • Heard that this guy believes in global warming, climate change or what ever name that bilge is going by today. Just what we need – another Mabus to spend what little money the Navy gets on bio-fuel. If he makes it, Mattis should keep a tight leash on him.

  • Angie Nathan

    Spencer “pledged an agenda of oversight, transparency and acquisition reform”.

    Fincantieri recently asked a Federal court in DC to block Lockheed Martin from working with other shipyards over allegations that they were in breach of agreement. The claim states that Lockheed in June “boldly admitted” that it had sought proposals for the Saudi project from subcontractors other than Marinette.

    If Lockheed chooses to distance themselves the current LCS shipyard they will certainly be at a disadvantage if what Fincantieri claims is true. A representative for Fincantieri told Law360 that “we have taken the action to protect our 1,500 highly skilled employees and thousands of other vendors and suppliers, that have all helped us to become one of the premier and most efficient shipbuilders in the country and a key supplier and builder of littoral combat ships for the U.S. Navy.”
    I would ask Mr. Spencer to look into this program as his first order of business, as something does not add up. Why would Lockheed Martin choose not to contract with an experienced efficient shipyard with 1,500 highly skilled employees? 1,500 highly skilled workers? What defines a highly skilled worker? What are these highly skilled worker pay rates? Highly skilled workers in my estimation are few and far between, how did Fincantieri get 1,500 of them in their shipyard all at once? I call BULL

  • Centaurus

    Your comment that ‘climate change’ is so called bilge is testimony to your ignorance. Bases in Middle East are already converting to solar and renewables because it is a Nat. Sec.issue. See you in 30 years (not).