SASC moves to codify Trump’s EO targeting defense stock buybacks
SASC moves to codify Trump’s EO targeting defense stock buybacks  
Podcast: The Federal Drive with Terry Gerton
Published On: Mon Jun 22 2026
Description: Earlier this year, President Donald Trump announced restrictions on executive pay and stock buybacks as part of the administration’s push to speed procurement and revitalize the defense industrial base. Now lawmakers are looking to codify his executive order into law. Federal News Network’s Anastasia Obis has more.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.