Business declares war on Pentagon stock buyback, dividend restrictions moving in Senate
- Posted on July 14, 2026
- By CNBC
- 1 Views
- 1 min read
The U.S. Senate is advancing legislation that restricts major defense contractors from using Pentagon funds for stock buybacks and dividend payments. Spearheaded by Senator Elizabeth Warren, this bipartisan provision within the National Defense Authorization Act aims to ensure federal defense spending directly supports military capabilities rather than enriching shareholders. The measure represents growing congressional scrutiny over corporate financial practices affecting national security budgets.
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