Yeah, that means meeting on time deliveries, meeting Pentagon readiness goals. Look, I know it seems nuts that we have to put it in law for it to happen, but here we are. My bill would also stop defense contractors from purchasing their own stock or paying out dividends to their investors if the Secretary of Defense assesses the company is failing to meet the Pentagon's needs. But the bottom line is that what's happening in the defense industry is ridiculous and dangerous. These stock buybacks need to stop, especially when they put our national security at risk. (07:03–07:17)
CLAIM
Asserts that [Elizabeth Warren's bill] would prevent defense contractors from stock buybacks or dividends if failing Pentagon needs.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
