A broker for Defense Secretary Pete Hegseth reportedly looked to make a multimillion-dollar investment in a defence ETF shortly before the U.S. began military action against Iran. That's according to the Financial Times, citing three people familiar with the matter.
Breakdown
- Hegseth's broker sought defense investments before U.S.-Iran conflict
- The BlackRock defense ETF investment did not proceed 20s
- Pentagon denies the Financial Times report as false 34s
- Unusual betting activity noted before Iran conflict and oil price moves 1m 21s
- SEC and CME did not comment on suspicious market activity 2m 0s