"This allegation is entirely false and fabricated. Neither Secretary Hegseth nor any of his representatives approached BlackRock about any such investment. This is yet another baseless, dishonest smear designed to mislead the public."
"We demand an immediate retraction. Hegseth and the Department of Defense remain unwavering in their commitment to the highest standards of ethics and strict adherence to all applicable laws and regulations."
The Pentagon has requested a retraction from the Financial Times regarding a report that claimed Defense Secretary Pete Hegseth's broker sought to invest in defense companies before the Iran war. The report stated that the broker contacted BlackRock about a multimillion-dollar investment in a defense ETF. Pentagon spokesman Sean Parnell refuted the allegations, asserting that they are false and a smear against Hegseth. He emphasized the commitment to ethics and demanded the report's removal, highlighting concerns over potential insider trading related to the conflict.
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