ستيڤ فاينبرگ Steve Feinberg

(تم التحويل من Steve Feinberg)
Steve Feinberg
Headshot of Feinberg in a suit
Feinberg in 2025
United States Deputy Secretary of Defense
Designate
Assuming office
March 2025
الرئيسDonald Trump
يخلفKathleen Hicks
Chair of the Intelligence Oversight Board
في المنصب
August 16, 2018 – January 20, 2021
الرئيسDonald Trump
سبقهNeal S. Wolin
خلـَفهVacant
Chair of the President's Intelligence Advisory Board
في المنصب
May 12, 2018 – January 20, 2021
الرئيسDonald Trump
سبقهShirley Jackson
Jami Miscik
خلـَفهSandy Winnefeld
تفاصيل شخصية
وُلِد29 مارس 1960 (العمر 65 سنة)
New York City, U.S.
الحزبRepublican
الزوجGisella Sanchez
الأنجال3
التعليمPrinceton University (BA)

Stephen Andrew Feinberg (born March 29, 1960) is an American businessman and investor who is the designate United States deputy secretary of defense.[1][2] He is the co-founder and chief executive officer (CEO) of Cerberus Capital Management. Feinberg was also chair of the President's Intelligence Advisory Board from 2018 to 2021, during the first Trump administration.[3]

Early life and education

Feinberg was born to a Jewish family[4][5] and raised in The Bronx, New York. When aged eight, his family moved to Spring Valley, New York,[6] a suburb of New York City. His father was a steel salesman.[6] He graduated with a B.A. in politics from Princeton University in 1982 after completing a 94-page senior thesis titled "The Politics of Prostitution and Drug Legalization."[7][8] While a student at Princeton, Feinberg captained the tennis team and joined the Reserve Officers' Training Corps.[6]

Professional career

After graduating from college, Feinberg worked as a trader at Drexel Burnham in 1982 and later at Gruntal & Co.[9]

In 1992, at the age of 32, Feinberg co-founded Cerberus Capital Management with William L. Richter[9] and $10 million under management; by 2024; its assets under management would grow past $60 billion.[10][11] In 1999, the firm hired former vice president Dan Quayle as a chairman of Cerberus Global Investment.[12] In 2006, the firm hired former United States Secretary of the Treasury John Snow, who serves as a chairman of Cerberus.[13]

In May 2011, Feinberg stated that he believed residential mortgage-backed securities may present "a real opportunity for continued investment for quite a period of time"[14] and that there were opportunities in buying assets from European banks.

Feinberg has said of the pay received by himself and other private equity executives, "In general, I think that all of us are way overpaid in this business. It is almost embarrassing." He has also noted in comments made in 2011 that smaller private equity fund sizes may be better for investor returns: "If your goal is to maximize your return as opposed to assets under management, I think you can be most effective with a big company infrastructure and a little bit smaller fund size."[15]

Feinberg has been described as "secretive" in The New York Times.[16] In 2007, Feinberg told Cerberus shareholders, "If anyone at Cerberus has his picture in the paper and a picture of his apartment, we will do more than fire that person. We will kill him. The jail sentence will be worth it."[17]

Cerberus owned DynCorp, a major private security contractor, from 2010 to 2020, leading to accusations of a conflict of interest during Feinberg's service on the President's Intelligence Advisory Board, and again after his nomination as Deputy Secretary of Defense.[18][19]

Early Political involvement

Feinberg is a major Republican donor.[20] In 2016, he served on the Trump Economic Advisory Council during Donald Trump's presidential campaign, donated nearly $1.5 million to pro-Trump PACs, and co-hosted a $50,000 per person Republican National Committee and Trump fundraising dinner alongside other financiers.[21][22] In February 2017, the New York Times reported that President Trump will assign Feinberg a role in the White House leading a review of the US intelligence agencies.[23]

On May 11, 2018, U.S. President Donald Trump named Feinberg to head the President's Intelligence Advisory Board.[24]

Together with his spouse, Feinberg contributed $715,600 to Donald Trump's 2020 presidential campaign.[25]

He is a member of The Business Council in Washington, D.C., an association of chief executive officers from a range of companies who meet several times a year for high-level policy discussions.[26][27]

United States Deputy Secretary of Defense

Nomination and confirmation

In December 2024, incoming president Donald Trump offered to nominate Feinberg as the Deputy Secretary of Defense, according to a reporter at The Washington Post.[28] Trump confirmed this on December 22.[1]

As of February 19, several Democratic senators including Elizabeth Warren have expressed concerns over his past experience and possible conflicts of interest between his company Cerberus Capital Management and the United States Department of Defense.[29]

On February 25, 2025, during his confirmation hearing, Feinberg declined to say if Russia invaded Ukraine when pressed by senators, and expressed support for large-scale firings within the Defense Department.[30]

As of March 2025, his Senate vote is pending. [31]

Personal life

As of March 2025, his net worth is US$5 billion.[32] He splits time between his homes on Manhattan's Upper East Side and Greenwich, Connecticut, with his wife Gisela (née Sanchez).[6]

المراجع

  1. ^ أ ب "Trump makes defense, Doge and Latin America envoy picks for administration". The Guardian (in الإنجليزية البريطانية). ديسمبر 23, 2024. ISSN 0261-3077. Retrieved ديسمبر 23, 2024.
  2. ^ Das, Anupreeta; Timiraos, Nick. "Donald Trump's Financial Advisory Team Stocked With Wall Streeters". The Wall Street Journal. Archived from the original on سبتمبر 17, 2019. Retrieved مارس 11, 2017.
  3. ^ "Hagerty Introduces Steve Feinberg, Trump's Nominee for Deputy Secretary of Defense". Senator Bill Hagerty (in الإنجليزية الأمريكية). Retrieved فبراير 28, 2025.
  4. ^ Times of Israel: "Trump wants Jewish billionaire to vet spy agencies – reportAs ties fray between White House and intelligence services, Bannon-Kushner associate Stephen A. Feinberg said being considered to lead review" by Sue Surkes February 16, 2017
  5. ^ Eytan Avriel, "A shy wunderkind, Stephen Feinberg" Archived مايو 5, 2014 at the Wayback Machine, Haaretz, 16.11.2005
  6. ^ أ ب ت ث Upstart Business Journal: "The Most Dangerous Deal in America" by Daniel Roth August 13, 2007
  7. ^ Feinberg, Stephen Andrew (1982). The Politics of Prostitution and Drug Legalization (Senior thesis).
  8. ^ "For Private Equity, a Very Public Disaster". The New York Times. أغسطس 9, 2009. Archived from the original on أغسطس 31, 2017. Retrieved فبراير 23, 2017.
  9. ^ أ ب Roth, Daniel. "The Most Dangerous Deal in America". Upstart Business Journal. Archived from the original on نوفمبر 5, 2012. Retrieved نوفمبر 3, 2012.
  10. ^ "Cerberus' new Europe property fund may attract over $370 mn from Korean investors". Korean Investors. Archived from the original on ديسمبر 24, 2016. Retrieved ديسمبر 23, 2016.
  11. ^ "Who We Are – Cerberus Capital Management". Archived from the original on أكتوبر 11, 2016. Retrieved أبريل 17, 2016.
  12. ^ "J. Danforth Quayle - Cerberus Capital Management". Archived from the original on يوليو 6, 2016. Retrieved سبتمبر 11, 2016.
  13. ^ "John W. Snow - Cerberus Capital Management". Archived from the original on ديسمبر 25, 2016. Retrieved سبتمبر 11, 2016.
  14. ^ "Is it 2006? Cerberus Loves Mortgage-Backed Securities". The Wall Street Journal: Deal Journal. مايو 25, 2011. Archived from the original on أكتوبر 21, 2016. Retrieved أغسطس 4, 2017.
  15. ^ "Cerberus' Feinberg says PE executives 'way overpaid'". Reuters. يونيو 7, 2011. Archived from the original on مايو 16, 2021. Retrieved يوليو 5, 2021.
  16. ^ Duhigg, Charles (ديسمبر 24, 2006). "Can Private Equity Build a Public Face?". The New York Times. Archived from the original on أغسطس 24, 2018. Retrieved فبراير 23, 2017.
  17. ^ "Greed and Debt: The True Story of Mitt Romney and Bain Capital" Archived مايو 30, 2017 at the Wayback Machine by Matt Taibbi, Rolling Stone, August 29, 2012.
  18. ^ Ken Dilanian, Peter Alexander: Trump Asks Billionaire Steve Feinberg To Review Intel Agencies - NBC News, February 16, 2017.
  19. ^ Tait, Robert (ديسمبر 3, 2024). "Trump reportedly asks private equity investor to be deputy defence secretary". The Guardian (in الإنجليزية البريطانية). ISSN 0261-3077. Retrieved فبراير 28, 2025.
  20. ^ McDonald, Duff (أكتوبر 24, 2007). "The Dog That Roared". New York Magazine. Archived from the original on أغسطس 20, 2016. Retrieved أغسطس 6, 2016.
  21. ^ Kirsch, Noah (فبراير 4, 2017). "Meet Stephen Feinberg, The Billionaire Reportedly Slated To Review US Intelligence Agencies". Forbes. Retrieved ديسمبر 13, 2017.
  22. ^ Stevenson, Alexandra (يونيو 16, 2016). "A Who's Who of Financiers Is Expected at Trump's New York Fund-Raiser". New York Times. Archived from the original on ديسمبر 14, 2017. Retrieved ديسمبر 13, 2017.
  23. ^ Risen, James; Rosenberg, Matthew (فبراير 15, 2017). "White House Plans to Have Trump Ally Review Intelligence Agencies". The New York Times. Archived from the original on فبراير 16, 2017. Retrieved فبراير 16, 2017.
  24. ^ Epstein, Jennifer (مايو 11, 2018). "Trump Chooses Cerberus's Stephen Feinberg to Lead Spy Advisory Panel". Bloomberg News. Archived from the original on أغسطس 3, 2019. Retrieved مايو 14, 2018.
  25. ^ "Here Are The Billionaires Who Donated To Donald Trump's 2020 Presidential Campaign". Forbes. Archived from the original on سبتمبر 22, 2024. Retrieved مارس 27, 2024.
  26. ^ "Active Member Directory". The Business Council. Archived from the original on ديسمبر 4, 2017. Retrieved ديسمبر 13, 2017.
  27. ^ J.D. Harrison. "Amazon's Jeff Bezos appointed chairman of Washington-based Business Council". Washington Post. Archived from the original on أغسطس 12, 2017. Retrieved أغسطس 12, 2017.
  28. ^ "Trump said to offer billionaire Steve Feinberg deputy defense secretary job". The Times of Israel (in الإنجليزية الأمريكية). ديسمبر 3, 2024. Archived from the original on ديسمبر 3, 2024. Retrieved ديسمبر 3, 2024.
  29. ^ "Ahead of Confirmation Hearing, Warren Lays Out Concerns with Deputy Defense Secretary Nominee Stephen Feinberg | U.S. Senator Elizabeth Warren of Massachusetts". www.warren.senate.gov (in الإنجليزية). Retrieved فبراير 19, 2025.
  30. ^ Gould, Joe (فبراير 25, 2025). "Defense deputy secretary pick avoids saying Russia invaded Ukraine". POLITICO (in الإنجليزية). Retrieved فبراير 28, 2025.
  31. ^ "PN12-16 - Nomination of Stephen Feinberg for Department of Defense, 119th Congress (2025-2026)". www.congress.gov. فبراير 25, 2025. Retrieved مارس 7, 2025.
  32. ^ "Stephen Feinberg". Forbes (in الإنجليزية). Archived from the original on سبتمبر 25, 2019. Retrieved يوليو 1, 2024.
مناصب حكومية
سبقه
Shirley Jackson
Jami Miscik
Chair of the President's Intelligence Advisory Board
2018–2021
تبعه
Sandy Winnefeld
سبقه
Neal S. Wolin
Chair of the Intelligence Oversight Board
2018–2021
تبعه
James A. Winnefeld Jr.