Appears to be yeah. A New Years Eve party where they had a "D(r)unk Tank" filled with champagne.

It's pretty old though. All the way back in . . . 2023.

Pete Hegseth, nominated by President Donald Trump for Secretary of Defense, is undergoing increased examination concerning his previous actions following the reappearance of a video from Fox News' All American New Year Live in 2023. In the footage, Hegseth, 44, is shown sipping champagne straight from the bottle and submerging himself in a tank allegedlyfilled with alcohol during the live transmission from Nashville.