Stock Markets Decline Following Trump's Proposed Defense and Housing Regulations

Wall Street indices fell for the first time in 2026 after Donald Trump proposed blocking defense contracts and institutional home purchases to enforce corporate limits.The President's record-breaking $1.5 trillion defense budget for the 2027 fiscal year includes a $5 million executive pay cap and a ban on stock buybacks for contractors.While Secretary Marco Rubio supports the new "Don-roe Doctrine," Representative Alexandria Ocasio-Cortez criticized the spending plan as the national debt surpasses $38 trillion.