Venezuela, Donald Trump and oil executives
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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 posted on Truth Social that defense companies need to invest more in plants and equipment and stop giving dividends to shareholders.
Today, President Donald J. Trump signed an Executive Order to stop defense contractors from putting stock buybacks and
Defense Secretary Pete Hegseth now has leverage over defense contractors' financial decisions, from executive comp to shareholder payouts.
4hon MSN
Trump ‘inclined’ to keep ExxonMobil out of Venezuela after CEO response at White House meeting
ABOARD AIR FORCE ONE — President Donald Trump said Sunday that he is “inclined” to keep ExxonMobil out of Venezuela after its top executive was skeptical about oil investment efforts in the country after the toppling of former President Nicolás Maduro.