In new Questions for the Record following last week’s Senate Armed Services Committee Hearing, U.S. Senator Elizabeth Warren, pressed Secretary of Defense Pete Hegseth about President Trump’s sons’ ties to defense contractors and how the DoD is handling these financial conflicts of interest. The questions come as a follow-up to last week’s hearing of the Senate Armed Services Committee, and days after reports indicated that Powerus, a drone company backed by the Trump sons, had recently obtained a new Air Force contract. Senator Warren’s questions for Secretary Hegseth include: Justifications for loans and contracts offered to several companies in which the Trump family is financially invested; Whether Donald Trump Jr. has held any role in vetting candidates for top Pentagon positions; and Details of any conversations Secretary Hegseth had with the Trump family or their representatives regarding military contracts leading up to his confirmation. The questions specifically call out drone company Unusual Machines (UMAC), The Fly notes.
Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on UMAC:
- Unusual Machines Expands NDAA-Compliant Drone Supply Chain
- Unusual Machines initiates $75M in strategic materials purchase orders
- Unusual Machines Inc call volume above normal and directionally bullish
- Unusual Machines Wins Major Counter-Drone Components Order
- Unusual Machines secures $5M-plus order from Powerus
