Elizabeth Warren partners with Mike Lee in push to curb defense CEO payouts
Elizabeth Warren (D-MA) and Mike Lee (R-UT) urged the Pentagon on Monday to make President Donald Trump’s restrictions on stock buybacks for defense contractors permanent. A keystone of the executive action also allows the Pentagon, where law permits, to cap the base salaries of executives at underperforming contractors. “If they succeed in stripping this amendment from the NDAA, defense contractors will continue to profit at taxpayers’ expense while failing to provide for the common defense.”
- ▪Elizabeth Warren (D-MA) and Mike Lee (R-UT) urged the Pentagon on Monday to make President Donald Trump’s restrictions on stock buybacks for defense contractors permanent.
- ▪A keystone of the executive action also allows the Pentagon, where law permits, to cap the base salaries of executives at underperforming contractors.
- ▪“If they succeed in stripping this amendment from the NDAA, defense contractors will continue to profit at taxpayers’ expense while failing to provide for the common defense.”
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| Original publisher | Washington Examiner |
| Canonical URL | https://www.washingtonexaminer.com/policy/defense/4682835/elizabeth-warren-mike-lee-push-curb-defense-ceo-payouts/ |
| Publication time | Tue, 11 Aug 2026 17:13:23 +0000 |
| Retrieval time | 2026-08-11T17:21:35.741Z |
| Last seen | 2026-08-11T17:21:35.741Z |
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| Cluster | nkSkF4Uggy2L · 1 stories |
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Opening excerpt (first ~120 words) tap to expand
Sens. Elizabeth Warren (D-MA) and Mike Lee (R-UT) urged the Pentagon on Monday to make President Donald Trump’s restrictions on stock buybacks for defense contractors permanent. The lawmakers urged War Secretary Pete Hegseth to support their Prioritizing the Warfighter in Defense Contracting Act, which would codify key provisions of Trump’s January executive order, such as tying executive incentives to on-time delivery and production improvements rather than short-term financial metrics, according to Fox News. A keystone of the executive action also allows the Pentagon, where law permits, to cap the base salaries of executives at underperforming contractors.
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