A Senate defense panel aims to place guardrails on direct equity investments, create an oversight board, and require briefings.
Defense Secretary Pete Hegseth testifies during a Senate Armed Services Committee hearing on the Department of Defense's FY27 budget request, on April 30, 2026.
Nathan Posner / Anadolu via Getty Images
June 18, 2026 01:53 PM ET
Congress
Pentagon
A Senate defense panel aims to place guardrails on direct equity investments, create an oversight board, and require briefings.
Senate lawmakers are proposing guardrails on defense equity investments as the department takes larger stakes in strategically…
Government stakes in private companies has gained support from both sides of the political aisle.
Senate Armed Services Committee voted 18-9 to require Pentagon approval for defense contractor dividends and buybacks, with…
Defense companies and their trade groups are pressing Congress not to require that the Pentagon approve stock buybacks.
Buying fewer weapons would actually strengthen the military
