The United States Department of Defense has had to come to grips with information that linked the Secretary of War, , with the use of private and privileged information about the war in Iran for personal gain, a scandal that has exploded in the Administration of , the same as those that have been made regarding the different war actions undertaken by the country, from Venezuela to Iran.
Specifically, the newspaper has published that he could have invested in important defense companies. It details that a broker of the former Fox host allegedly attempted to make a significant investment in the country’s main defense companies in the weeks before the US-Israeli attack on Iran. Up to three people familiar with the matter confirm this.
According to the British newspaper, Hegseth’s broker at Morgan Stanley contacted BlackRock in February to make a multimillion-dollar investment in the Defense Industrials Active fund, a few days before the so-called fund began.
According to the information of the FTthe investment discussed by Hegseth’s agent ultimately did not happen, as the fund, which launched in May of last year, was not yet available for purchase by Morgan Stanley clients. The newspaper’s report does not specify what degree of discretion the agent had to make investments on behalf of Hegseth, nor whether he was aware of the broker’s efforts.
The Pentagon spokesman, Sean Parnell, described this morning as “false and invented” the information from the Financial 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, airplanes and defense systems.
“This is another baseless and dishonest smear, designed to mislead the public. We demand an immediate retraction,” Parnell added on his official X account.
Transparency and decency
The case has generated a debate about transparency and possible conflicts of interest of officials with access to defense information, while analysts point out that financial movements in strategic sectors often receive media surveillance even without evidence of illegal conduct.
This Monday, US President Donald Trump threatened vital infrastructure, including desalination plants, if an agreement is not reached “soon” to end the war that is in its fifth week.