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Trump picks billionaire Stephen Feinberg to be deputy defense secretary
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- 23 December, 2024
- 07:56
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US President-elect Donald Trump said he would nominate billionaire investor Stephen Feinberg to serve as deputy secretary of defense, Report informs via Reuters.
Feinberg is the co-chief executive of Cerberus Capital Management LP, a private equity firm that has invested in defense contractors. He served on an intelligence advisory board during Trump's 2017-2021 White House term.
Feinberg would serve as the No. 2 official at the Pentagon under Trump's choice for defense secretary, Pete Hegseth, a former Fox News host who faces questions about allegations of alcohol abuse and sexual misconduct. Hegseth has denied any wrongdoing.
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