Billionaire at Pentagon Rewrites Defense Rules

A billionaire financier-turned-Pentagon power player, Stephen Feinberg, is quietly reshaping defense policy with unprecedented influence—more than even the Defense Secretary. Since taking over as deputy secretary in 2025, Feinberg has turned the Pentagon’s procurement system into a private equity vehicle, staffing key roles with ex-Cerberus executives. Critics, including Senator Elizabeth Warren, warn of conflicts of interest as Cerberus-linked firms land contracts, while a new “Economic Defense Unit” under Feinberg and George Kollitides now wields billions in direct equity investments—including loans to Trump Jr.-affiliated companies. Though officials insist on ethical oversight, the blurring lines between government and private equity are sparking serious scrutiny. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/274f9bb8d486f1e3