Stephen Feinberg to Brief House Lawmakers on Pentagon's $1.5 Trillion 2027 Budget Need

According to Wallstreetcn, Defense Department Deputy Secretary Stephen Feinberg is expected to brief House lawmakers on Thursday about the Pentagon's $1.5 trillion funding need for fiscal 2027 in a closed, classified meeting. Billionaire Stephen Feinberg, co-founder of Cerberus Capital Management LP, will deliver the briefing, while U.S. President Donald Trump's "war secretary" Pete Hegseth met with lawmakers earlier this year to defend the unprecedented Pentagon budget increase and push a partisan budget plan aimed at the $1.5 trillion total.