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Elizabeth Warren (D-MA)
Elizabeth Warren
Democrat·Massachusetts

Warren Questions Deputy Secretary of Defense on Conflicts of Interest Involving DoD’s Golden Dome Missile Defense Program

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Home Newsroom Press Releases April 27, 2026 Warren Questions Deputy Secretary of Defense on Conflicts of Interest Involving DoD’s Golden Dome Missile Defense Program Defense Deputy Secretary Feinberg reversed ethics commitment and appears to have retained ongoing Cerberus contract; transferred key holdings to benefit adult children Conflicts could be impacting DoD contracting, implementation decisions related to secretive $185 billion missile program Text of Letter (PDF) Washington, D.C. – U.S. Senator Elizabeth Warren, a member of the Senate Armed Services Committee (SASC), questioned Department of Defense (DoD) Deputy Secretary Stephen Feinberg on his conflicts of interest, which may be enabling him, his immediate family, and his network of associates to benefit from secretive DoD contracting decisions related to its Golden Dome missile defense program. Senator Warren urged Feinberg to take immediate action to mitigate the conflicts. Prior to joining the Trump administration, Feinberg served as the co-founder and CEO of Cerberus Capital Management, a private equity firm. He was required to divest from the firm and its businesses and recuse himself from any Cerberus-related matters and committed to transfer his Cerberus holdings to trusts that benefit his adult children upon joining DoD. Feinberg’s ethics agreement also specified that he could “enter a written contract with [Cerberus] for the provision of certain administrative services…through April 15, 2026,” until he “transition[s] to outside providers.” But in January, Feinberg reversed the commitment without providing further clarity or rationale, allowing him to continue this relationship with Cerberus. “Your continuing financial relationships with Cerberus, and that of your immediate family, as well as the fact that you have hired multiple key DoD staff with Cerberus ties, raises concerns about whether these actions are consistent with your ethics agreement,” wrote Senator Warren. “And these concerns are exacerbated by the fact that Cerberus-backed companies are profiting off of Golden Dome contracts.” “This indicates that the financial relationship between you and Cerberus, and your immediate family and Cerberus, could continue indefinitely, extending your financial entanglement with the company and presenting an ongoing financial conflict of interest,” wrote Senator Warren. During his confirmation response, Feinberg pledged to Senator Warren that he would “be mindful of not only the legal requirements that govern my conduct, but also of the need to ensure that the public has no reason to question my impartiality.” Since, however, Feinberg has maintained conflicts that create numerous reasons to question his impartiality

Source: https://www.warren.senate.gov/newsroom/press-releases/warren-questions-deputy-secretary-of-defense-on-conflicts-of-interest-involving-dods-golden-dome-missile-defense-program
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Record ID: 2946597a-6076-4b40-b17a-bd96a46d9657

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