NEW YORK, December 23. /TASS/. US President-elect Donald Trump nominated billionaire investor Steve Feinberg as Deputy Secretary of Defense.
"Stephen Feinberg will serve as Deputy Secretary of Defense, and help make the Pentagon Great Again," Trump said on Truth Social.
The president-elect called Feinberg an "extremely successful businessman" and noted that he will work together with Pete Hegseth, whom Trump previously nominated for the Secretary of Defense.
Feinberg, 64, graduated from the Princeton University. In 1992, he established Cerberus Capital Management, a private investment company. During Trump’s first presidential term, he headed the President's Intelligence Advisory Board. Forbes estimates Feinberg’s net worth at $5 billion.