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Corporate contractors are lobbying against a provision in the defense spending bill that would restrict stock buybacks for companies failing to meet performance standards. The U.S. Chamber of Commerce argues that this could set a precedent for federal control over corporate finance, while proponents believe it is necessary to ensure contractors prioritize performance in defense contracts.
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Corporate contractors are lobbying against a provision in the defense spending bill that would restrict stock buybacks for companies failing to meet performance standards. The U.S. Chamber of Commerce argues that this could set a precedent for federal control over corporate finance, while proponents believe it is necessary to ensure contractors prioritize performance in defense contracts.
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Corporations lobby against defense spending provision that would clamp down on contractor buybacks
Corporate Contractors Lobby Against Defense Spending Bill Provision on Stock Buybacks