国防政策不确定性下的跨资产波动率交易机会

Hearing ends in a yelling match

The hearing is now over. It ended in a yelling match between Hegseth and Democratic Senator Gary Peters. Peters question…

民主党质疑伊朗军事能力——国会听证揭示战争"胜利"叙事与财政问责的深层裂痕

Democrats question Iran's military capabilities

Democrats have repeatedly asked Hegseth whether the US has achieved its objectives in Iran, given statements that both h…

Gillibrand指控Hegseth寻求"无限炸弹资金"：美伊战争$1.5万亿拨款听证会如何重塑跨资产定价

Gillibrand accuses Hegseth of seeking 'unlimited money for bombs'

New York Democratic Senator Kirsten Gillibrand says Hegseth is asking for $1.5tn for a war the president has said has al…

国会分裂僵局下的美伊战争拨款：宏观对冲视角下的可交易变量与风险定价

Committee mostly divided on party lines

Max MatzaReporting from Washington The hearing seems to be - somewhat predictably - divided along party lines, after nea…

美国正在以"不同方式"打这场战争——Hegseth言论与Schatz议员批评反映的中东政策困境分析

US is fighting this war 'differently' to previous 'stupid wars' - Hegseth

Brian Schatz, Democratic representative for Hawaii, starts by expressing his "deepest condolences" to Lt Tyler…

美伊局势：军事打击目标审查流程与跨资产定价压力测试

Caine says targets determined by 'robust' review process

Democrat Jeff Merkley asks Chief of Staff Dan Caine about whether the US has targeted a civilian desalination plant, and…

伊朗暗示霍尔木兹海峡通行风险——地缘溢价重估窗口开启

Hegseth says Iran would likely 'try to impose their will' on Strait of Hormuz if US withdraws

Republican Senator John Kennedy asks Caine about ending the blockade on Iranian ports and bringing US troops home: &quot…

民主党参议员称"看不到任何现实结果"

'No realistic outcome in sight,' Democrat says

Early in the war, Hegseth often praised Trump in his press briefings for his leadership and decision-making. During this…

Even if Hegseth gets the votes, he'll have to wait until after Congress summer recess

Gary O'DonoghueChief North America correspondent, reporting from Washington DC The war in Iran has cost the US $37.5bn (…

特朗普在听证会期间发帖对比历史战争死亡数据以论证实政策代价

Trump posts about recent US conflict death tolls during hearing

With the hearing ongoing, Trump - who is not present at the hearing - has taken to his social media site to make a point…

国防资金请求争议："没有太多意义"——民主党资深议员质疑五角大楼预算

Funding request 'does not make a lot of sense' - senior Democrat

Before the question on the costs of the Iran war that we brought you in our previous post, it was the turn of the most s…

Hegseth披露对伊战争已耗资375亿美元——国会拨款博弈下的跨资产定价重构

Hegseth says Iran war has cost $37.5bn so farreaking

Hegseth is asked by Democratic Senator Dick Durbin if he has an estimate for how much the war in Iran has cost so far. H…

美国国防部长警告：若无资金支持，现役及未来军事训练将被削减

Current and future training would be curtailed without funds - Hegseth

Senator Collins, as the committee's chairwoman, begins questioning Hegseth over what the impact would be if the budget n…

农业部长联合国防部为农民争取资金

Agriculture secretary backs Department of Defense

Next up is Secretary of Agriculture Brooke Rollins. She’s not here to talk about the war, but to ask for funding for US…

美国参联会主席凯恩：武装部队是美国的"最大保险政策"

The armed forces are US's 'greatest insurance policy', says Dan Caine

After Hegseth finished his testimony, Joint Chiefs of Staff Chair Gen Dan Caine says "the character of war is chang…

美伊战争拨款听证会：国会角力下的市场定价逻辑

Money will be used to 'reinforce peace through strength'

Secretary Hegseth says every dollar appropriated will be used to build the "lethality" of the US military forc…

士兵薪酬面临资金缺口威胁——五角大楼紧急求援的宏观交易解码

Soldiers' pay threatened without extra funding - Hegseth

Hegseth goes on to say the funding request is coming at an urgent time. He says "we have to prepare for war" i…

赫格塞茨开始发言——但不久后多次被打断

Hegseth begins speaking - but soon interrupted several times

Hegseth begins his testimony by saying "we live in a dangerous world" and it requires bold and swift action. B…

国家安全与粮食安全密不可分：Rounds参议员呼吁委员会支持农民援助请求

National security and food security go hand in hand, says Mike Rounds

As we’ve mentioned earlier, the committee is hearing requests for additional funding not just for the US military but fo…

Murray称Trump"发动了一场自行选择的战争"

Murray says Trump 'started a war of his own choosing'

Vice chairperson Patty Murray is up next. The Democrat starts by calling the US military one of "the greatest merit…

拨款博弈下的地缘风险与期限结构重定价

Chairperson says funding 'critical' to protecting US

Senate Appropriations Committee chairperson Susan Collins opened the hearing by saying the supplemental funding being re…