[Congressional Record Volume 163, Number 28 (Thursday, February 16, 2017)]
[House]
[Page H1280]
CERBERUS CAPITAL MANAGEMENT
(Ms. KAPTUR asked and was given permission to address the House for 1
minute.)
Ms. KAPTUR. Mr. Speaker, before President Trump and Steve Bannon
bring in a Wall Street billionaire to delve into our Nation's most
classified intelligence, the American people have a right to know the
facts about who he and his firm are.
If you believe in the United States military, as I do, and not simply
cashing it out to private guns for hire, then we would best pay
attention to Stephen Feinberg, CEO of Cerberus, who is to be tasked
with leading a review of our U.S. intelligence agencies.
Cerberus also owns DynCorp, which is in a legal dispute over a $10
billion State Department contract for operations in foreign countries.
The Director of Homeland Security, retired General Kelly, received
$166,000 as an adviser to DynCorp prior to his Cabinet appointment.
Simply put, Cerberus profits off the privatization of war.
Handing the keys to our intelligence agencies over to Wall Street is
dangerous. Privatization of our homeland security and Armed Forces
jeopardizes our national security. It is critical we stand together,
take action to demand transparency, prevail for the sake of future
generations, and prevent the siphoning of funds intended for our
military.
Before any Wall Street speculator sets foot on our Nation's most
precious security turf, the American people and our military need
complete disclosure and divestiture of all Cerberus' and Mr. Feinberg's
holdings.
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