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Thursday December 26, 2024

Trump offers billionaire Feinberg deputy defence secretary job

By Reuters
December 04, 2024
US President-elect Donald Trump attends a viewing of the launch of the sixth test flight of the SpaceX Starship rocket, in Brownsville, Texas, US, November 19, 2024 . — Reuters
US President-elect Donald Trump attends a viewing of the launch of the sixth test flight of the SpaceX Starship rocket, in Brownsville, Texas, US, November 19, 2024 . — Reuters 

WASHINGTON: Donald Trump has offered the post of deputy secretary of defence to Stephen Feinberg, the billionaire co-founder and CEO of investment firm Cerberus Capital Management, which has stakes in companies that do business with the military, the Washington Post reports.

It is not clear if Feinberg accepted the job, the Post reports, and Trump has not yet publicly announced the nomination.

Cerberus this year disclosed an investment in M1 Support Services, which provides military aircraft training and maintenance services. In 2018, Cerberus took a majority stake in Navistar Defense, which manufactures military vehicles.