Market
What will be Pete Hegseth's first major policy initiative as Secretary of Defense by June 30, 2025?
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Donald Trump•Stephen Feinberg•Feinberg•Cerberus Capital Management•Trump•Elbridge Colby•Policy•Michael Duffey•Acquisition•America First•Colby•Ukraine•China•Pete Hegseth
Resolution / Starting Odds
Increased defense spending • 25%
Reduction of overseas military engagements • 25%
Enhanced military readiness against China • 25%
Other • 25%
Official announcements from the U.S. Department of Defense or major news outlets
Story
Trump Appoints Stephen Feinberg of Cerberus as Deputy Secretary of Defense and Elbridge Colby for Policy, Supporting Pete Hegseth
Dec 23, 2024, 12:41 AM
President-elect Donald Trump has appointed billionaire investor Stephen Feinberg as Deputy Secretary of Defense. Feinberg, co-founder of Cerberus Capital Management, is known for managing a $65 billion asset portfolio. Alongside Feinberg, Trump has nominated Elbridge Colby as Under Secretary of Defense for Policy and Michael Duffey as Under Secretary of Defense for Acquisition. The appointments are part of Trump's strategy to assemble a defense team focused on an 'America First' policy, with emphasis on national security and military readiness. Colby is recognized for his advocacy of prioritizing U.S. interests and has previously warned against ongoing military engagements, particularly in Ukraine, while focusing on deterrence against China. The full slate of nominees is expected to support incoming Secretary of Defense Pete Hegseth in addressing current global security challenges.
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Similar markets
Other • 25%
Military Restructuring • 25%
Increased Defense Budget • 25%
New Military Alliances • 25%
Focus on IndoPacific region • 25%
Other • 25%
Military budget increase • 25%
Reduction in overseas deployments • 25%
Military Personnel Policy • 25%
International Defense Cooperation • 25%
Cybersecurity Initiatives • 25%
Defense Budget Reallocation • 25%
Iron Dome Defense System • 25%
Restoration of Base Names • 25%
Military Recruitment Overhaul • 25%
Other • 25%
No • 50%
Yes • 50%
Sexual Assault Prevention • 25%
Pentagon Audit • 25%
Other • 25%
Military Readiness • 25%
AI Investments • 25%
Other Initiatives • 25%
Defense Budget Reallocation • 25%
Military Readiness • 25%
Military spending increase • 25%
Military spending decrease • 25%
Focus on international alliances • 25%
Focus on domestic defense • 25%
Rejected • 33%
Confirmed • 33%
Withdrawn • 34%
Climate Change Initiatives • 25%
Military Lethality • 25%
Other • 25%
Shipbuilding • 25%
Confirmed • 33%
Rejected • 33%
Withdrawn • 34%
Strategy Overhaul • 25%
New Technology • 25%
Increased Budget • 25%
No Significant Change • 25%