WASHINGTON, July 29 -- Sen. Elizabeth Warren issued the following press release:
Today, U.S. Senator Elizabeth Warren (D-Mass.) grilled Deputy Secretary of Defense Stephen Feinberg and Director of the Office of Strategic Capital David Lorch on the Department of Defense's (DoD) new initiatives to populate DoD's new contracting office with finance, tech, and defense industry insiders - and offering them government paychecks of up to $438,000 annually.
"This presents significant conflict of interest and revolving door concerns, including that these individuals may gain special access to DoD decisionmakers and policy decisions at the expense of national security, fair competition, and public interest," wrote Senator Warren.
In February 2026...