Trump To Tap Billionaire As Deputy Defense Secretary
The Washington Post reports:
President-elect Donald Trump offered billionaire investor Stephen Feinberg the job of deputy defense secretary, said people familiar with the matter, a decision that could elevate a longtime political supporter with investments in defense companies that maintain lucrative Pentagon contracts.
The pick, which requires Senate confirmation, is not final until announced by Trump, his aides said.
Feinberg is the co-CEO of Cerberus Capital Management, which has invested in hypersonic missiles and which previously owned the private military contractor DynCorp. DynCorp was acquired by another defense firm, Amentum, in 2020.
Read the full article. How many billionaires does this make?
Trump offers Stephen Feinberg, a billionaire with investments in defense companies, the role of Deputy Defense Secretary.
www.washingtonpost.com/national-sec…
— Jordan Uhl (@jordanuhl.com) December
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