Surprise: Trump’s Latest Appointment Has Conflicts of Interest
Steve Feinberg, tapped to be a key leader in the Pentagon, has extensive business ties to the defense industry.
Donald Trump’s pick for the number two position in the Department of Defense, Steve Feinberg, is a billionaire with business ties to the defense industry.
The Washington Post, citing unnamed sources, reports that the president-elect has chosen Feinberg for the post of deputy secretary of defense, which requires confirmation from the Senate. Feinberg is co-CEO of Cerberus Capital Management, which has invested in hypersonic missiles and once owned private military contractor DynCorp.
In Trump’s first term, Feinberg was the head of the President’s Intelligence Advisory Board, which gives advice to the president on intelligence estimates and assessments, as well as counterintelligence. The deputy secretary of defense post comes with much more responsibility, with day-to-day management of the massive department’s three million civilian employees and service members among its duties.
Like Trump’s choice for secretary of defense, Pete Hegseth, Feinberg does not have experience running a large organization or working in the Pentagon. Plus, Feinberg’s investments and business activities would create multiple conflicts of interest if his appointment to the DOD survives the Senate.
Unlike Hegseth, Feinberg doesn’t have a long list of sexual misconduct, as well as scandals running veterans organizations (that we know of). His appointment could convince senators that there’s someone competent actually running things as the deputy to a Christian nationalist who envisions the military taking sides in a civil war scenario.
Feinberg is not the only Trump appointee with conflicts of interest: The president-elect’s pick to run Medicare and Medicaid, Mehmet Oz, has multiple ties to the pharmaceutical industry. But Feinberg’s defense industry ties could affect his view of the role of the U.S. military, as the Trump administration is already stocked with pro-war and pro-intervention advisers. A man who stands to profit when the U.S. military is deployed doesn’t bode well for peace.