Steve Feinberg is a modern heir to the “dollar-a-year” men: business leaders who brought their experience managing American industry into government to strengthen the nation’s defense. That tradition today is rare, with many positions filled by policy experts instead. Congress should consider what our nation stands to lose if Feinberg’s tenure ends in frustration.
Coming from private equity, Feinberg brought experience turning around distressed enterprises, allocating capital, making executive decisions, and achieving measurable results. What he brings to the Pentagon is an understanding of how to get private sector businesses to perform and deliver.
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