Trump Plans to Bring in Ally for Intelligence Review

The White House is considering tapping Stephen Feinberg, founder of a NY investment firm, to conduct a review of U.S. intelligence agencies, according to United States officials with knowledge of the plans.

Stephen A Feinberg, a co-founder of Cerberus Capital Management, has informed his company's shareholders that he was considering a move to join the Trump administration, the New York Times reported.

Top intelligence officials told the Times they fear that the businessman is being prepped for a position within the intelligence community.

Amid an ongoing tussle with spy agencies over leaks regarding contacts with Russia, US President Donald Trump is reportedly looking into tapping a Jewish billionaire from the world of finance to lead a broad review of intelligence services.

Trump's pick for national security adviser, Michael Flynn, resigned this week after press reports revealed he discussed foreign policy with Russian officials during the Trump transition and then misled the vice president about the conversation.

The findings of any White House review would give Trump ammo should he seek full-scale change to the way intelligence agencies operate.

Before taking office, Trump aides denied reports that plans were in the works to revamp the Office of the Director of National Intelligence. Dan Coats, a Republican, to be DNI but he has not been confirmed yet. "It's a criminal act, and it's been going on for a long time before me, but now it's really going on", Trump said during his joint news conference with Israeli Prime Minister Benjamin Netanyahu on Wednesday.

Were Feinberg, who avoids the media limelight, to accept a senior role within the administration, he would - according to the firm's letter to investors - have to go public about his finances.

President Trump at the White House last week.

  • Zachary Reyes