Hegseth Earned $6 Million From TV, Books and Paid Speaking Fees

Published On Jan 14, 2025, 6:30 PM

Pete Hegseth, nominated for defense secretary, earned nearly $6 million in recent years from Fox News, book deals, and speaking engagements. His Fox salary accounted for $4.6 million, with additional income from publishing and speaking fees. During his confirmation hearing, senators questioned his past comments and personal issues, which may impact public perception of his nomination. If appointed, his income will significantly drop to about $246,000. His wife's financial disclosures include investments in various blue-chip stocks and Bitcoin holdings.

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Hegseth's financial disclosures and his high profile position may influence defense-related stocks, particularly those linked to government contracts. His potential appointment might lead to increased investments in defense sectors due to anticipated support for defense spending.

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