Secretary of Defense Pete Hegseth sold off 23 stocks ahead of President Donald Trump’s sweeping tariff announcement and the ensuing stock market plunge in early April, new disclosure reports show.
Hegseth reported selling between $100,000 and $550,000 in stocks on March 24. Those stocks included Microsoft, Apple, Amazon, Walmart, Lowe’s and about 20 other companies — almost all of which saw stock prices plummet after Trump’s April 2 announcement.
A slew of officials and members of Congress made advantageous stock trades around the time of Trump’s announcement, as NOTUS has previously reported.