Trump to bring in billionaire pal for intelligence review

The NYT reports that President Trump is planning to bring Stephen Feinberg, a fellow New York billionaire and member of Trump's economic advisory council, to the White House to lead a review of the nation's intelligence agencies.

Feinberg's national security experience: His hedge fund has stakes in a private security company and two gun manufacturers.

A wrinkle: Trump's pick for director of national intelligence, former Indiana Senator Dan Coats, is still awaiting Senate confirmation. Coats, like CIA Director Mike Pompeo, is a GOP establishment favorite, so Trump's consideration of Feinberg for some new role is viewed as POTUS' way of asserting control over the intelligence community.