Pentagon Strongly Denies Report of 'Major Investment' Scheme Linked to Defense Secretary

Washington D.C. The US Department of Defense, the Pentagon, has strongly denied news related to a 'major investment' attempt associated with Defense Secretary Pete Hegseth.

A report published by the Financial Times claimed that a broker for Hegseth sought to make a large investment in military-related companies in the weeks preceding the Iran war. However, Pentagon Chief Spokesperson Sean Parnell stated that the claim is completely baseless.

'Neither Minister Hegseth himself nor any of his representatives contacted BlackRock for such an investment,' Parnell stated. Responding on the social media platform X, he called the news unfounded and misleading and demanded immediate correction.

The news, published on Monday, cited an anonymous source claiming that Hegseth's broker attempted to make a large investment before the Iran war. Hegseth plays a major role in the war against Iran. He regularly supports the attack through regular press conferences.