A tense Senate Armed Services Committee hearing saw Senator Elizabeth Warren question Defence Secretary Pete Hegseth over allegations surrounding suspicious trading activity linked to the Iran conflict and the Trump administration's proposed $1.5 trillion defence budget. Warren cited reports of unusual movements in oil betting markets shortly before major announcements on the conflict and questioned whether individuals with advance knowledge may have benefited financially. Hegseth rejected any suggestion that the Department of Defense was involved, saying its focus remains on operational security and military success. Warren also raised reports that Hegseth's broker attempted to purchase shares in a defence-related investment fund before the conflict began. Hegseth dismissed those claims as entirely false and insisted he has never used public office for personal financial gain. The exchange concluded with Warren placing Hegseth's ethics agreement into the congressional record as both sides clashed over financial transparency, accountability and public trust.
#ElizabethWarren #PeteHegseth #Iran #Trump #SenateHearing #USPolitics #DefenseDepartment #Congress #InsiderTrading #BreakingNews

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