Trump said on Truth Social that he "will not permit" buybacks and dividends from defense firms. Shares of major contractors dipped after the post.

President Donald Trump issued an executive order late Wednesday that seeks to stop defense companies from buying back their own stock.  The EO comes as the Trump administration criticizes defense contractors for falling behind schedule and not delivering programs and systems to the Pentagon fast enough.

President Donald Trump posted on Truth Social that defense companies need to invest more in plants and equipment and stop giving dividends to shareholders.

Defense Secretary Pete Hegseth now has leverage over defense contractors' financial decisions, from executive comp to shareholder payouts.

It is a rare presidential strike at Wall Street norms that sent defense stocks lower and signaled sweeping changes for America’s military-industrial complex.

The Trump administration is preparing an executive order focused on housing - with special attention to first-time buyers - as the White House attempts to address voter concerns about affordability. An order could include policies that President Donald Trump has already floated,