Warren Raises Conflict of Interest Concerns About Pentagon Division, Private Investment

Warren Raises Conflict of Interest Concerns About Pentagon Division, Private Investment
Sen. Elizabeth Warren (D-Mass.) speaks during a hearing on Capitol Hill in Washington on Sept. 28, 2021. Alex Wong/Getty Images
Savannah Hulsey Pointer
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Sen. Elizabeth Warren (D-Mass.) has raised questions about whether parts of the Department of Defense (DOD) could be “too cozy” with private investment firms.

Ms. Warren, who serves as a member of the Senate Armed Services Committee, broached her concerns in a July 9 letter (pdf) to Heidi Shyu, under secretary of defense for research and engineering at the DOD’s Office of Strategic Capital (OSC), in which the senator asserted there’s a lack of safeguards to “prevent conflicts of interests.”