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Pete Hegseth's broker looked to buy defence fund before Iran attack

This authoritative-secondary source from Financial Times supports 1 claim across 1 ledger entry.

Publisher
Financial Times
Published
2026-03-30
Accessed
2026-09-03
Source quality
authoritative-secondary

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Claims supported by this source

  1. allegationalleged

    ABC News relayed Financial Times reporting that Pete Hegseth's Morgan Stanley broker contacted BlackRock in February 2026 about a multimillion-dollar investment in its Defense Industrials Active ETF; the reported transaction did not proceed because the fund was not yet available to Morgan Stanley clients, and ABC said it had not independently confirmed the report.

    Original report: February broker inquiry, fund, timing, and unexecuted transaction

    Hegseth's broker was reported to have sought a defense-sector ETF purchase before the Iran war · Pentagon denied the report March 30; senators requested records April 1 · reviewed 2026-09-03