The profit taking is open now.
Dwight Eisenhower warned the country about the military-industrial complex in his 1961 farewell address. He probably never imagined the defense secretary would try to profit from it weeks before a war. The Financial Times reported that Pete Hegseth’s broker tried to invest millions of dollars in the defense fund holding Lockheed Martin and Northrop Grumman, among others. The investment didn’t go through only because the fund wasn’t available for purchase yet. Days later, Hegseth gave the order to attack Iran.
The Army launched a review today after Apache helicopters from the 101st Airborne performed a flyby of Kid Rock’s Nashville estate. Kid Rock posted two videos of himself poolside, saluting them. In Florida, Governor DeSantis signed a bill renaming Palm Beach International Airport after Trump, with a proposed new airport code of DJT. Trump’s private company had already trademarked the name weeks earlier, giving the president’s family business the right to collect licensing fees on everything from shuttle buses to flight suits, for an airport the state of Florida renamed as a gift.
Cronyism and grift have always been part of politics, but never quite so openly or greedily. Call your representatives through Resistbot and 5 Calls and demand they stop the profit taking. Put their votes on the record.
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Trump schedules UFC cage matches on the White House lawn for his 80th birthday, with 85,000 free tickets and France delaying the G7 summit to avoid a conflict.
Today’s GovBrief News
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Source: RTE
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Source: The Associated Press
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Source: The Independent
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Source: KXTV Sacramento
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Source: UPI
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Source: The Independent
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Source: KMSP Minneapolis
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Defense Secretary Hegseth's broker sought multimillion-dollar investment in defense contractor ETF weeks before the Iran war began, Financial Times reports.
Source: CNBC
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Florida Gov. DeSantis signs bill renaming Palm Beach International Airport after Trump, with an estimated $5.5 million cost to taxpayers still requiring FAA approval.
Source: WPTV West Palm Beach
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Source: WUSA Washington
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