Trump Considers Defense Financiers for a Top Spot at Pentagon
Two financiers are in the running to be the deputy secretary of defense, a competition that pits a publicity-averse private-equity investor against an outspoken venture capitalist.
Trae Stephens, a partner at Peter Thiel’s Founders Fund venture-capital firm, is under consideration by President-elect Donald Trump to become the deputy secretary of defense, according to two people familiar with the transition. Billionaire investor Stephen Feinberg, who led the president’s intelligence advisory board in the first Trump administration, is also in the running, The Wall Street Journal previously reported.
