The Guardian Australia
·australia
·1 hour ago
The billionaire hidden behind the curtain inside Trump’s Pentagon
Stephen Feinberg, the billionaire founder of Cerberus Capital Management, has wielded significant influence over U.S. military spending since becoming deputy undersecretary of defense in March 2025. Despite his media-shy persona, insiders report that he has eclipsed Defense Secretary Pete Hegseth in actual power, reshaping the Pentagon's procurement practices and staffing it with loyalists.
Summary by OZbrief · The Guardian Australia
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