Trump offers Pentagon's No. 2 job to billionaire Stephen Feinberg
Source: Washington Post
Today at 12:28 p.m. EST
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.
A spokesman for Feinberg declined to say if the private-equity investor has accepted the potential nomination. Trump made the offer in recent days, according to people who spoke on the condition of anonymity to discuss the incoming administrations personnel moves. The offer has not previously been reported.
The pick, which requires Senate confirmation, is not final until announced by Trump, his aides said. President-Elect Trump has made brilliant decisions on who will serve in his second administration at lightning pace. Remaining decisions will continue to be announced by him when they are made, Trump transition spokeswoman Karoline Leavitt 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. During the first Trump administration, Feinberg led the Presidents Intelligence Advisory Board, which provides the U.S. leader advice on intelligence assessments and estimates and counterintelligence matters.
Read more: https://www.washingtonpost.com/national-security/2024/12/03/trump-stephen-feinberg-pentagon-hegseth/
No paywall (gift)
Ocelot II
(121,473 posts)NotHardly
(1,365 posts)J_William_Ryan
(2,264 posts)Theres no limit to Trumps corruption, grift, and contempt for sound, responsible governance.
Demovictory9
(33,965 posts)bucolic_frolic
(47,573 posts)uncledad
(66 posts)"President-Elect Trump has made brilliant decisions on who will serve in his second administration at lightning pace"
Sounds like something Kim Jong Un's spokesman would say about their Brilliant dear leader!
C0RI0LANUS
(1,859 posts)Sources:
https://www.wyden.senate.gov/news/press-releases/wyden-colleagues-urge-private-equity-firm-to-pause-4-billion-dividend-tied-to-kroger-albertsons-merger
https://www.warren.senate.gov/imo/media/doc/2024.02.15%20%20Delegation%20Letter%20to%20Cerberus%20re%20Steward%20Health%20Care.pdf
https://www.markey.senate.gov/news/press-releases/senator-markey-statement-on-federal-investigation-into-steward-health-care-on-charges-of-fraud-and-corruption
https://www.forbes.com/sites/craighooper/2021/01/25/trump-linked-billionaire-flipping-last-us-owned-sonobuoy-maker-to-foreign-buyer/
kimbutgar
(23,607 posts)To pay for that job that will enrich him with military contracts.