Pete Hegseth news – Artifex.News https://artifex.news Stay Connected. Stay Informed. Wed, 22 Jul 2026 08:55:00 +0000 en-US hourly 1 https://wordpress.org/?v=7.1.1 https://artifex.news/wp-content/uploads/2026/05/cropped-cropped-app-logo-32x32.png Pete Hegseth news – Artifex.News https://artifex.news 32 32 Pete Hegseth’s broker looked to buy defence fund before Iran attack: report https://artifex.news/article70805735-ece/ Wed, 22 Jul 2026 08:55:00 +0000 https://artifex.news/article70805735-ece/ Read More “Pete Hegseth’s broker looked to buy defence fund before Iran attack: report” »

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U.S. Defence Secretary Pete Hegseth. File
| Photo Credit: AP

A broker for ​U.S. Defense Secretary Pete Hegseth attempted to make ‌a big investment in major defense companies ​in the weeks leading ⁠up to the U.S.-Israeli attack on Iran, the Financial Times reported on Monday (March 30, 2026), citing three people ‌familiar with the matter.

Mr. Hegseth’s broker at Morgan Stanley contacted BlackRock in ‌February, about making a multimillion-dollar investment ‌in ⁠the asset manager’s Defence Industrials Active ⁠ETF, shortly before the U.S. launched military action against Tehran, the report added.

According to the FT ​report, the ‌investment discussed by Mr. Hegseth’s broker did not ultimately go ahead as the fund, which launched in May last year, was ‌not yet available for Morgan Stanley ​clients to buy.

U.S. Secretary of Defence Pete Hegseth estimates cost of Iran war at $37.5 billion

The FT report did not say how much ⁠discretion the broker had to make investments on Mr. Hegseth’s behalf, or whether he knew what ‌the broker was doing.

Pentagon says report ‘false, fabricated’

The ‌Pentagon on Monday (March 30, 2026) said ​a ⁠Financial Times report was incorrect and ⁠demanded a retraction.

“This ‌allegation is entirely false and fabricated,” chief Pentagon ‌spokesman Sean ​Parnell said on ⁠X.

The report on the ‌investment attempt comes amid a wider scrutiny of ​trades made in financial and prediction markets ahead of U.S. President Donald ⁠Trump’s major policy decisions.

Some of these ⁠decisions have been preceded by well-timed bets, leading some experts to raise ‌questions about whether information had somehow leaked ahead of time.



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U.S. Secretary of Defence Pete Hegseth estimates cost of Iran war at $37.5 billion https://artifex.news/article71252254-ece/ Wed, 22 Jul 2026 07:36:00 +0000 https://artifex.news/article71252254-ece/ Read More “U.S. Secretary of Defence Pete Hegseth estimates cost of Iran war at $37.5 billion” »

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U.S. Secretary of Defence Pete Hegseth and U.S. Chairman of the Joint Chiefs of Staff General Dan Caine attend the Senate Appropriations Committee hearing on U.S. President Donald Trump’s supplemental funding request for the Department of Defence.
| Photo Credit: Reuters

U.S. Defence Secretary Pete Hegseth said on Tuesday (July 21, 2026) the Iran war has cost the United States $37.5 billion so far, up from a previous estimate of nearly $29 billion in mid-May.

“The estimate we have as of today is $37.5 billion,” Mr. Hegseth testified during a Senate Appropriations Committee hearing at which he defended a request for some $67 billion in supplemental funding for the Pentagon.

Mr. Hegseth and General Dan Caine, chairman of the Joint Chiefs of Staff, told Congress the funding request is “urgent” and “necessary” to pay the Pentagon’s costs for the Iran war through the end of September. But Democratic Senator Jeanne Shaheen challenged that assessment, saying Mr. Hegseth still has $75 billion available in unspent funding. “Why are you asking the American people to absorb the cost of a war they don’t support instead of asking for transfer authority for unspent reconciliation funding?”

Mr. Hegseth said the unspent money was “otherwise allocated” for President Donald Trump’s other priorities, such as the “Golden Dome for America and hypersonics and other munitions investments.” The requested funds do not include what it will cost to rebuild U.S. military bases in West Asia. Lawmakers voiced frustration as they pressed for details of the Trump administration’s strategy to win the war in West Asia.

Demands for transparency crossed partisan lines, with Republican Senator John Kennedy saying “we need some hard answers and some straight talk” when he asked what would happen if the U.S. just left the Strait of Hormuz. Mr. Hegseth and Mr. Caine did not offer specifics for whether Iran would impose fees for ships seeking passage.



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Trump’s Pentagon pick Pete Hegseth grilled by senators as cabinet hearings begin https://artifex.news/article69099093-ece/ Tue, 14 Jan 2025 20:21:40 +0000 https://artifex.news/article69099093-ece/ Read More “Trump’s Pentagon pick Pete Hegseth grilled by senators as cabinet hearings begin” »

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Pete Hegseth, a former Army National Guard officer and ex-Fox News host, was grilled by Democratic members of the Senate Armed Services Committee, but Republicans largely signalled support. File
| Photo Credit: AP

Controversial Pentagon nominee Pete Hegseth faced tough questions from senators Tuesday about his views on women serving in combat and his qualifications to lead the Defense Department as confirmation hearings for Donald Trump’s cabinet picks get underway.

Senate Republicans are keen for Trump’s national security nominees to be confirmed quickly and Democrats may agree to fast-track some, but they are determined to throw up roadblocks in front of candidates they see as unfit.

Mr. Hegseth, a former Army National Guard officer and ex-Fox News host, was grilled by Democratic members of the Senate Armed Services Committee, but Republicans largely signaled support.

He stuck to his opposition to diversity, equity and inclusion policies, saying they are “dividing troops inside formations, causing commanders to walk on eggshells, not putting meritocracy first.”

But he sought to soften past remarks on women serving in combat — something he stated as recently as November 2024 that he opposed.

“I respect every single female service member that has put on the uniform past and present. My critiques… recently and in the past, and from personal experience, have been instances where I’ve seen standards lowered,” Mr. Hegseth told lawmakers.

“Women will have access to ground combat roles… given the standards remain high,” the 44-year-old said.

Democratic Senator Tammy Duckworth — who lost both legs when her Black Hawk helicopter was struck by a rocket-propelled grenade in Iraq — was unconvinced.

“There is no U.S. military as we know it without the incredible women that we serve, women who’ve earned their place in their units,” Duckworth said. “You have not earned your place as secretary of defense.”

Mr. Hegseth has also come under fire for concerns about his past personal conduct, as well as his ability to lead the Pentagon — a massive bureaucracy that employs more than three million people.

He admitted under questioning that he had previously overseen “nothing remotely near the size of the Defense Department.”

‘Not a perfect person’

Senator Jack Reed, the committee’s ranking Democrat, put it bluntly: “Mr Hegseth, I do not believe that you are qualified to meet the overwhelming demands of this job.”

“We must acknowledge the concerning public reports against you. A variety of sources — including your own writings — implicate you with disregarding the laws of war, financial mismanagement, racist and sexist remarks about men and women in uniform, alcohol abuse, sexual assault, sexual harassment, and other troubling issues,” Mr. Reed said.

Asked by Republican Senator Roger Wicker, the committee chair, about allegations Hegseth has faced, the nominee claimed there was a “coordinated smear campaign” against him.

“I’m not a perfect person, but redemption is real,” Mr. Hegseth said, later asserting he was “falsely accused” of sexual assault and dismissing accounts of alcohol abuse as “anonymous smears.”

He can only afford three Republican rejections and still be confirmed, should every Democrat and independent vote against him.

But he has maintained Trump’s support while the excoriating headlines have multiplied, and Senate Republicans appear open to hearing him out.

Former Democratic congresswoman turned Trumpist Tulsi Gabbard, who was tapped for director of national intelligence, is another candidate whose lack of qualifications and experience have raised alarm bells, as have her attitudes toward U.S. adversaries.

Some pressure on the nominees is expected from both sides of the aisle, especially for Robert F. Kennedy Jr., Trump’s nominee for secretary of health and human services and an anti-vaccine conspiracy theorist.

But U.S. senator and foreign policy hawk Marco Rubio of Florida, Trump’s pick for secretary of state, is a sure bet with bipartisan support, and will likely be confirmed before Trump takes office on January 20.

Rubio gets his hearing Wednesday, along with homeland security secretary nominee Kristi Noem, attorney general nominee Pam Bondi and CIA pick John Ratcliffe, who has been confirmed by the Senate before as director of national intelligence.

Some of the most potentially fiery hearings are yet to be scheduled, including for Kennedy and Kash Patel, a conspiracy theorist who is Trump’s nominee to run the FBI.



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