Pete Hegseth

Bitcoin is a tool of power projection and the U.S. Department of Defense is already running tests to leverage it, Defense Secretary Pete Hegseth says. "My short answer would be yes and yes," Hegseth said during a House Armed Services Committee hearing on April 29, responding to questions from Rep. Lance Gooden (R-TX) about whether Bitcoin is a tool for power projection and whether Pentagon is conducting any initiative to leverage the network. Don't Miss: Investors With $1M+ Often Use Advisors for Tax Strategy — This Tool Matches You With One in Minutes Traders Are Flocking to Direxion ETFs — Targeting Tesla and Elon Musk's Market Moves Hegseth said he was a believer in the potential of Bitcoin and cryptocurrencies, adding that the Pentagon is conducting “classified” experiments to leverage them for American might. Hegseth's remarks came after Admiral Samuel Paparo told the committee on April 22 that the U.S. military is running a Bitcoin node, saying it is using it for "operational tests to secure and protect networks." The revelations of the experimentation with Bitcoin for defense and military operations by the U.S. came as Iran has demanded Bitcoin payments for passage through the Strait of Hormuz amid the war between the two countries. Trending: See What AI Could Build for Your Portfolio — Try a Custom Index Now Russia has also used Bitcoin in its oil trade with China and India to evade sanctions, Reuters reported in March 2025, citing four unnamed persons familiar with the matter. President Donald Trump also in March 2025 established a U.S. strategic Bitcoin reserve from forfeited assets, saying it would give the U.S. "a strategic advantage" due to the cryptocurrency's fixed supply. As Bitcoin continues to be discussed in both geopolitical and institutional contexts, investors are increasingly viewing digital assets as part of a broader, multi-asset approach to portfolio construction across stocks, crypto and alternative investments. Read Next: Think the biggest tech gains happen after an IPO? Click here to see why some investors are looking at opportunities before companies go public. Become a futures trading pro, without spending any money – why Plus500 is the top choice for beginner investors Building Wealth Across More Than Just the Market Building a resilient portfolio means thinking beyond a single asset or market trend. Economic cycles shift, sectors rise and fall, and no one investment performs well in every environment. That's why many investors look to diversify with platforms that provide access to real estate, fixed-income opportunities, professional financial guidance, precious metals, and even self-directed retirement accounts. By spreading exposure across multiple asset classes, it becomes easier to manage risk, capture steady returns, and create long-term wealth that isn't tied to the fortunes of just one company or industry. Connect Invest Connect Invest is a real estate ... Full story available on Benzinga.com

Defense Secretary Pete Hegseth is facing intense online backlash after President Donald Trump praised him for “standing on top of a table” during the terrifying White House Correspondents’ Dinner shooting scare. While Trump framed the moment as bravery under pressure, critics on social media mocked the incident as reckless and bizarre. The controversy has reignited scrutiny around Hegseth’s rocky tenure, past public meltdowns, and growing criticism surrounding his role inside Trump’s administration.

While speaking at an event for military moms, Trump noticed Hegseth's wife, Jennifer, in the crowd, and launched into a complimentary spiel about her hubby.

US Defence Secretary Pete Hegseth claims Iran's Supreme Leader Mojtaba Khamenei is seriously wounded and 'likely disfigured' following military strikes.

Donald Trump has deployed thousands of US Marines, multiple warships, and F-35 fighter jets to the Middle East

So far the war is playing out in an eerily similar way to events in Minneapolis

US War Secretary Pete Hegseth warned Iran against miscalculating Washington’s resolve, saying the United States has “only just begun to fight” as tensions escalate following US-Israel strikes and retaliatory Iranian missile and drone attacks across West Asia.

Pentagon chief Pete Hegseth counters critics of the Iran conflict, asserting America is winning decisively and rejecting comparisons to past wars.

Secretary of War Pete Hegseth said Thursday the United States has no plans to admit a new wave of Middle Eastern refugees as the conflict with Iran unfolds.

By CIC International Affairs. WE ARE IN COMPLETE CONTROL OF THE IRANIAN SKIES NOW WE WILL BE USING 500 TO 2,000 POUNDS BOMBS EVERYDAY SAYS PETE HEGSETH. The world is holding its breath after shocking remarks from US Secretary of War Pete Hegseth , who announced that the United States now has complete control of [...]The post WE ARE IN COMPLETE CONTROL OF THE IRANIAN SKIES NOW WE WILL BE USING 500 TO 2,000 POUNDS BOMBS EVERYDAY SAYS PETE HEGSETH first appeared on The Zambian Observer.