The House passed its measure to protect the financial rights of US service members in June. The Senate, on the other hand, has been waiting for the just released Government Accountability report that basically says it is high time to safeguard troops from deceptive financial practices. (Read our coverage of the House action here.) The Senate Committee on Banking, Housing, and Urban Affairs took up the matter at a hearing Nov. 17.
Secretary of Defense Pete Hegseth vowed to undertake far-reaching reforms on the way the U.S. military buys weapons, promising a sweeping overhaul of the way the Defense Department determines requirements, handles the acquisition process, and tests its kit. The fundamental goal, which Hegseth underscored in a 1-hour and 10-minute speech…


