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Pete Hegseth

A biography and sourced 2023–2024 financial disclosure — salary, speaking fees, book income, and stock holdings — presented neutrally, for readers to draw their own conclusions.

Figures as of July 31, 2026.

Pete Hegseth is an Army National Guard veteran, former Fox News host, and author who has led the U.S. defense department since January 2025 — first as the 29th Secretary of Defense, then, after the department's September 5, 2025 rename, as Secretary of War.[3]

Hegseth was commissioned as an infantry officer in the Army National Guard after graduating from Princeton University in 2003, and deployed to Guantanamo Bay, Iraq, and Afghanistan; his awards include two Bronze Star Medals, the Joint Commendation Medal, two Army Commendation Medals, the Combat Infantryman Badge, and the Expert Infantryman Badge.[3] He joined Fox News as a commentator in 2014, co-hosted Fox & Friends Weekend from 2017 until his 2024 nomination, and has authored five books, including the New York Times best-seller The War on Warriors (2024).[3]

President Trump nominated Hegseth for Secretary of Defense in November 2024. His confirmation process drew scrutiny over reported allegations of financial and sexual misconduct, which Hegseth denied.[2] The Senate's confirmation vote itself was tied 50–50; Vice President JD Vance cast the tie-breaking vote, confirming Hegseth on January 24, 2025.[4]

2023–2024 Financial Disclosure

Hegseth's first public financial disclosure report, filed with the Office of Government Ethics, covers income from January 1, 2023 through December 23, 2024. The figures below are as reported in that filing, cross-checked against contemporaneous reporting.[1][2]

SourceAmountContext
Fox News Network, LLC$4.6MSalary as a TV host, covering the Jan. 2023–Dec. 2024 disclosure period.[1]
Speaking engagements (40 events)$900KAggregate honoraria across the 2-year filing period; individual fees mostly ranged $7,500–$27,500, largely from conservative organizations, schools, and churches.[2]
"The War on Warriors" (HarperCollins)$348,000Book advance, plus $100,001–$1,000,000 in royalties per the disclosure's value range.[1]
"Battle for the American Mind" (HarperCollins)$150,000Book advance, plus $100,001–$1,000,000 in royalties per the disclosure's value range.[1]
Baltimore rental property (sold 2023)$100K–$1MCombined capital gains and rental income range, as reported for the now-sold property.[1]

Correction on the record: Hegseth's initial disclosure filing listed a February 2023 speaking fee from the American Legislative Exchange Council as $150,000. A Hegseth spokesperson and an ALEC spokesperson both told reporters this was a typo and the actual fee was $15,000 — the source PDF filing itself was not amended.[2] Because that gap is between the primary filing and after-the-fact spokesperson statements rather than two independently reported figures, it isn't broken out as its own line above; the $900,000 speaking-fee aggregate reflects reporting after the correction.[2]

The disclosure also lists dozens of individual stock holdings valued $1,001–$50,000 each, including positions in defense contractors Lockheed Martin and Northrop Grumman.[1] Hegseth's ethics agreement does not commit to divesting these holdings; instead, he agreed to monitor their value against the threshold that would require divestiture.[2]

Sources

  1. Financial Disclosure Report — Peter Hegseth, OGE Form 278e — U.S. Office of Government Ethics
  2. Hegseth earned $4.6M in salary as Fox News host in past 2 years, nearly $1M in speaking engagements — ABC News
  3. HON Pete Hegseth — U.S. Department of War
  4. U.S. Senate Roll Call Votes, 119th Congress, 1st Session, Vote 15 — U.S. Senate

15 claims evaluated across 3 fact-checks involving Pete Hegseth.

4 4 1 6
4 True4 Mostly True1 Mixed6 Misleading

Verdicts reflect claims in stories involving Pete Hegseth, not necessarily their own statements.

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