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2 hours ago

Hawley, Warren team up to back Trump, crack down on defense contractor payouts

FIRST ON FOX: An unlikely bipartisan duo is teaming up to force defense contractors to prioritize military readiness over shareholder value.Sens. Josh Hawley, R-Mo., and Elizabeth Warren, D-Mass., introduced legislation that would require major defense contractors to prioritize delivering weapons by fulfilling their contracts fueled by taxpayer dollars over rewarding shareholders, with stiffer guardrails and oversight on the companies.Their bill, Prioritizing the Warfighter in Defense Contracting Act of 2026, would restrict stock buybacks, dividends and high executive pay unless companies meet...

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