

Miriam Gottfried
Reporter at The Wall Street Journal. Covers major transactions, private equity, and corporate dealmaking.
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104 snips
Mar 17, 2026 • 28min
Why the Pentagon Is Hiring Wall Street Bankers
Liz Hoffman, Semafor business and finance editor, unpacks why the Pentagon is recruiting Wall Street bankers to steer huge sums into defense and what that could mean for markets, taxpayer risk, and political influence. Miriam Gottfried, Wall Street Journal deals reporter, digs into the eyebrow-raising $10 billion TikTok fee, pay-to-play concerns, and the deal’s oddly low valuation.


