Ret. Gen. Lloyd Austin, President Biden’s nominee for secretary of defense, committed Tuesday to extending his recusal from decisions involving Raytheon [RTN], where he has served on its board, for four years and pledged to not work for a defense firm after completing his government service. Sen. Elizabeth Warren (D-Mass.) pressed Austin on his defense industry ties during his confirmation hearing, including having the nominee agree to several ethics considerations above what is required by law. “I believe we have…
By