Pete Hegseth Dumped up to $550K in Stocks Right Before 'Liberation Day'
RawStory reports, Defense Secretary Pete Hegseth sold off nearly two dozen stocks before President Donald Trump's tariff announcement sent the stock market into a tailspin.
“I don’t see anything in the stock sales or his ethics agreement that would suggest that he took advantage of information he received as a cabinet officer in executing the stock sales,” said John Pelissero, director of government ethics.
“To remove the appearance of an ethical issue — that he made individual stock trades while serving as SECDEF and the information that comes with that position — he could have sold those stocks before becoming a cabinet officer.”
John Pelissero, director, government ethics, quoted by Raw Story.
Jun 11, 2025