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The Latest Breaking News from Stephen Feinberg

The Hegseth budget: defense secretary’s $1.5tn ask reveals military-industrial chaos

The Pentagon head proposed a 44% increase – to second world war levels – while ‘woke’ programs are gutted

The Guardian - US

Pentagon asks Congress for $80 billion as Iran war costs rise

The Pentagon has put forth a request for an additional $80 billion to enhance funding aimed at addressing the ongoing conflict with Iran. This appeal arrives during the Trump administration's drive for elevated defense spending. With certain Democrats expressing trepidation regarding financial implications and war expenditures, Defense Secretary Pete Hegseth…

The Times of India

The billionaire hidden behind the curtain inside Trump’s Pentagon

Media-shy financier Stephen Feinberg has quietly amassed extraordinary influence over US military spending

The Guardian - US

From analysis to the latest developments in health,
read the most diverse news in one place.

‘Helped rebuild Sleepy Joe Biden’s depleted Navy’: Trump is all praise for ousted Navy chief even as Pentagon admits his leadership was a disaster

President Donald Trump is publicly praising his recently ousted Navy Secretary John Phelan, calling him a “long time friend” who did an “outstanding job” rebuilding the Navy. This comes just a day after the Pentagon removed Phelan from his post following months of tensions with senior leadership. Trump’s Truth Social…

The Mary Sue

Navy Secretary John Phelan was on Capitol Hill talking shipbuilding all day. Hours later, he learned he was fired by reading it on X

The military purge continues.

We Got This Covered

Who is John Phelan? MAGA donor with no military experience sacked as Trump’s Navy Secretary

John Phelan is the latest military official to be removed under Defense Secretary Pete Hegseth

The Independent UK

US only has 25% of all Patriot missile interceptors needed for Pentagon’s military plans

Exclusive: Low stockpiles for the crucial Patriot missile interceptors led to Trump administration pausing transfers to Ukraine

The Guardian - US

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Pentagon Plans To Cut Civilian Workforce For Efficiency

Stephen Feinberg advocates for civilian workforce cuts at the Pentagon to enhance efficiency and streamline operations.

Top News

Trump makes defense, ‘Doge’ and Latin America envoy picks for administration

Katie Miller picked to join Musk and Ramaswamy’s advisory board as Stephen Feinberg tapped for No 2 Pentagon role

The Guardian - US

Elon Musk hits $400B mark

Musk received a one-day bump of $62.8 billion and is the first person in the world to reach the $400 billion mark

Salon

Meet Trump's ultra-rich administration: The wealthiest political team in history is collectively worth $474 billion

Tesla CEO Elon Musk and Silicon Valley VC Marc Andreessen are among the billionaires lending their support to President-elect Trump.

Fortune

Trump adds more billionaires to his administration after promising to help ‘everyday Americans’

The incoming administration will be the wealthiest in history, with more than a dozen ultra-rich nominees for critical agencies and major diplomatic roles

People

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