Trump on Truth Social Still Backs Pete Hegseth: 'Gets an "A" PLUS, PLUS, PLUS'

President Trump posted on Truth Social that he continues to back Pete Hegseth, grading him "A PLUS, PLUS, PLUS," according to the headline. The transmission channel here is political risk and policy-continuity expectations rather than a direct macro shock, since a public endorsement of a cabinet-level official typically reduces uncertainty about the defense and national security leadership's stability. Defense contractors and sectors sensitive to Pentagon policy direction would be the most directly exposed, as markets generally price leadership continuity as reducing the odds of abrupt procurement or strategic reversals. Traders may also note that the headline involves individual figures rather than an economic release, so its market impact is likely to be limited unless it is followed by a departure, confirmation fight, or policy shift at the Defense Department.

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