What Happened
Concerns Over Conflict Of Interest And Revolving Door
Sen. Elizabeth Warren is investigating the Pentagon’s program to recruit private sector professionals, citing concerns over conflict of interest and revolving door abuse. The Business Operators for National Defense program aims to improve contracting and capital allocation, but Warren warns that it could present significant risks. The Pentagon has offered salaries of over $400,000 to lure Wall Street talent, according to reports from The New York Times and The Wall Street Journal. Warren’s probe was first reported by CNBC.