Feinberg Vows to Spur Innovation as Deputy SecDef
The DoD shake-up continues. On Tuesday, Stephen Feinberg—Trump’s pick for Deputy Secretary of Defense—testified before the Senate Armed Services Committee and, over the course of a three-hour hearing, vowed to overhaul how the Pentagon operates. The billionaire investor, major Trump donor, and co-founder of Cerberus Capital Management, a $65B fund known for turning around failing […]