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| Trump picks billionaire Stephen Feinberg to be deputy defense secretary |
| 2024-12-23 |
| [IsraelTimes] US President-elect Donald Trump says he will nominate billionaire investor Stephen Feinberg to serve as deputy secretary of defense. Feinberg, who is Jewish, is the co-chief executive of Cerberus Capital Management LP, a private equity firm he co-founded in 1992. 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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