why not cause nancy and her friends did it, could be the reply; 

 

Looks like Pete Hegseth tried to make a financial killing off of the war of aggression the US launched against Iran on 28 February 2026. According to the Financial Times:

Pete Hegseth’s broker at Morgan Stanley contacted BlackRock in February to make a multimillion-dollar investment in a defense-focused Exchange-Traded Fund (ETF) called IDEF.

This $3.2 billion fund is built around companies that benefit from increased military spending, including RTX, Lockheed Martin, Northrop Grumman, and Palantir — all major Pentagon contractors.

The request came just weeks before the U.S.-Israeli strike on Iran, a campaign Hegseth helped shape and strongly supported within the Trump administration.

BlackRock flagged the inquiry internally because of Hegseth’s high-profile role. The investment didn’t go through, but only because the ETF wasn’t yet available on Morgan Stanley’s platform.

BlackRock, Morgan Stanley, and the Pentagon declined to comment..........more...........