Warren probes Pentagon program to hire highly paid private sector workers

U.S. Secretary of Defense Pete Hegseth and Sen. Elizabeth Warren (D-MA).Alex Wong | Tasos Katopodis | Getty ImagesSen. Elizabeth Warren is raising concerns about the Defense Department's plan to recruit private sector professionals to improve contracting and capital allocation, warning in a letter shared first with CNBC that it could present "significant conflict of interest and revolving door concerns."The Pentagon created the Business Operators for National Defense program in February to embed private sector talent within the department's acquisition process. Reporting from The New York Times and The Wall Street Journal has since revealed that the Office of Strategic Capital is also seeking private-sector help and offering salaries of more than $400,000, along with opportunities for access to capital in the future, to lure employees away from Wall Street. Read more CNBC politics coverage"I have held longstanding concerns over potential conflicts of interest, revolving door abuse, and national security concerns in DoD's acquisition process," Warren, D-Mass., said in the letter sent late Tuesday. "Now I am concerned about the national security implications and the corruption concer...