Full Breakdown
Defense Secretary Pete Hegseth’s 2025 Financial Disclosure Shows Minimum $3.1 Million Asset Base
By Drooid · · How we work
Core Disclosure Highlights
On May 5 2026, Defense Secretary Pete Hegseth referenced his 2025 annual financial disclosure filed with the Office of Government Ethics. The filing reports at least $3.1 million in combined cash, retirement investments, and bitcoin, and notes that a single bank account holds more than $1 million in cash.
Asset Breakdown
The disclosure lists five retirement accounts valued between roughly $2.05 million and $4.35 million. Three of Hegseth’s accounts account for about $500,000 to $1.25 million of that range, while his wife, Jennifer Hegseth, reports two rollover IRAs worth roughly $1.55 million to $3.1 million. Cash holdings include three accounts; one exceeds $1 million, up from a 2024 filing that described the same “U.S. bank #2” account as holding $15,001-$50,000. Bitcoin holdings are valued between approximately $16,000 and $65,000. Because the filing uses broad ranges, it does not reveal whether total wealth rose or fell compared with the 2024 nominee disclosure, which listed assets between $1.4 million and $3.4 million.
Political Fallout
Republican lawmakers have publicly called for Hegseth’s impeachment, citing his handling of the war in Iran as a primary concern. The impeachment calls have intensified scrutiny of the sizable cash increase disclosed in the new filing.
Background and Prior Disclosure
Hegseth, a former Fox News host confirmed as defense secretary in January 2025, filed a nominee disclosure in December 2024 that reported assets between $1.4 million and $3.4 million. The 2025 filing is the first post-confirmation financial snapshot, offering the most detailed view of his personal finances to date.