Before the United States bombed Iran on February 28th, the Secretary of War, Pete Hegseth, tried to make a “defense investment.” Hegseth’s broker sought to make a large investment in major defense companies in the lead-up to the Iran war, and the Pentagon has dismissed this allegation as false. According to a report by The Financial Times [behind a paywall], the investment discussed by Hegseth’s broker ultimately did not go ahead because the fund was not yet available for Morgan Stanley clients to buy at the time. It is unclear whether the broker found another defense-related investment. Pentagon chief spokesperson…
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