Pentagon denies that Hegseth’s broker sought investment before Iran war
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The US Department of Defense is demanding a retraction of a Financial Times report alleging that Pete Hegseth's broker sought a multimillion-dollar investment in defense companies before the Iran war. According to the report, the broker, working for Hegseth, contacted BlackRock about investing in a defense-related fund weeks before the war. The Pentagon spokesman, Sean Parnell, refuted the report, calling it "entirely false and fabricated" and a "baseless, dishonest smear." Parnell stated that neither Hegseth nor his representatives approached BlackRock regarding such an investment. The Financial Times and Morgan Stanley have not yet responded to inquiries. Al Jazeera could not independently confirm the Financial Times report.
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Key Claims (4)
AI-ExtractedThe Financial Times reported that a wealth manager for the defence secretary contacted BlackRock.
Neither Secretary Hegseth nor any of his representatives approached BlackRock about any such investment.
Pentagon demands retraction of report alleging broker sought investment before Iran war.
Hegseth’s broker at Morgan Stanley ultimately did not go ahead with the investment.
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