Washington .- The Pentagon denied on Monday that the Secretary of Defense, Pete Hegseth, had tried to invest in major defense companies as reported by the British newspaper Financial Times.
Pentagon spokesman Sean Parnell called the Financial Times report, which indicated that a stockbroker linked to Hegseth had sought to make a million-dollar investment in a fund designed to invest in companies that manufacture weapons, aircraft, and defense systems, as “false and fabricated.”
According to the British newspaper, Hegseth’s broker at Morgan Stanley contacted
BlackRock in February to make a multi-million dollar investment in the Defense Industrials Active fund, a few days before the United States launched a military action against Tehran.
The case has sparked a debate about the transparency and potential conflicts of interest of officials with access to defense information, while analysts point out that financial movements in strategic sectors often receive media scrutiny even without evidence of illegal conduct.
This Monday, U.S. President Donald Trump,
threatened widespread destruction of Iran’s energy resources and other vital infrastructure, including desalination plants, if an agreement to end the war, which is in its fifth week, is not reached “soon.”
«This is another unfounded and dishonest smear, designed to deceive the public. We demand an immediate retraction,» added Parnell on his official X account.
The case has sparked a debate about the transparency and potential conflicts of interest of officials with access to defense information, while analysts point out that financial movements in strategic sectors often receive media scrutiny even without evidence of illegal conduct.
This Monday, U.S. President Donald Trump threatened widespread destruction of Iran’s energy resources and other vital infrastructure, including desalination plants, if an agreement to end the war, which is in its fifth week, is not reached “soon”.
