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The Nexus
SECURITYMay 28 · 10:00 UTCSEMAFORLiz Hoffman

Pentagon’s Wall Street push draws Democrats’ ire

The Pentagon's new Economic Defense Unit, aimed at securing $200 billion in private equity deals for defense companies, faces criticism from Democratic lawmakers over national security and taxpayer risks. Senators Elizabeth Warren, Richard Blumenthal, and Rep. Ro Khanna demanded documentation of communications, deal records, and conflict-of-interest policies, citing concerns about foreign investor exposure and financial instability for defense contractors.

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