U.S. President Donald Trump on Monday directed federal agencies to strengthen provisions in the One Big Beautiful Bill Act that repeal or modify tax credits for solar and wind energy projects.

A new executive order further lowers government support for renewable power. Stocks including First Solar and Enphase Energy dropped on Tuesday.

President Trump signed an executive order to end subsidies for wind and solar energy, promoting energy independence and focusing on fossil fuels. Critics argue it may harm climate efforts.

The order reiterates measures included in the recently passed budget reconciliation bill, leading renewable energy advocates to question its significance.

Key Takeaways President Trump’s new cybersecurity Executive Order largely retains the structure and goals of EO 14144 but rolls back several deadlines and prescriptive directives to give agencies more flexibility.

In its 2026 fiscal year budget proposal released in May, the Interior Department estimated that such a surcharge would generate more than $90 million annually.

Lawmakers asked ODNI to review DJI and Autel Robotics within 30 days to determine whether their drones pose risks to U.S. national security amid data transmission concerns.

President Donald Trump will sign an executive order Monday delaying his “Liberation Day” tariffs until Aug. 1. “The reciprocal tariff rate, or these new rates that will be provided in this correspondence to these foreign leaders,