The Department of Defense has issued a denial following a report alleging that a broker for Secretary Pete Hegseth attempted to move millions into defense stocks just weeks before the U.S. launched military operations against Iran.
‘Entirely False And Fabricated’
Chief Pentagon Spokesman Sean Parnell took to social media early Tuesday to denounce the allegations made in a Financial Times report, characterizing it as a coordinated disinformation effort.
This allegation is entirely false and fabricated. Neither Secretary Hegseth nor any of his representatives approached BlackRock about any such investment. This is yet another baseless, dishonest smear designed to mislead the public. We demand an immediate retraction.… https://t.co/Su8hGlBOhL
— Sean Parnell (@SeanParnellASW) March 30, 2026
“This allegation is entirely false and fabricated,” Parnell stated. “Neither Secretary Hegseth nor any of his representatives approached BlackRock about any such investment. This is yet another baseless, dishonest smear designed to mislead the public.”
The spokesperson further demanded an “immediate retraction,” asserting that the Secretary remains in …Full story available on Benzinga.com

