Pete Hegseth reports at least $3.1 million in cash, investments and bitcoin
Defense Secretary Pete Hegseth reported at least $3.1 million in assets as he faces an impeachment push in Congress over his handling of the Iran war.
TL;DR
- Defense Secretary Pete Hegseth reported at least $3.1 million in cash, retirement investments, and bitcoin in his 2025 financial disclosure.
- The disclosure includes more than $1 million in cash held in a single bank account, significantly more than reported previously.
- Hegseth's finances include retirement accounts worth roughly $2.05 million to $4.35 million and bitcoin valued between $16,000 and $65,000.
- The family made substantial purchases of exchange-traded funds and sold shares of defense contractors following Hegseth's appointment.
- Two mortgages valued at between $1 million and $5 million each are also listed, with one taken out in 2025 on his personal residence.