Donald Trump Signs $716 Billion Defence Policy Bill

United States President Donald Trump has signed a US$716 billion defence policy bill that authorises tougher regulations on foreign investments in the country.

Taking to his official Twitter account, Trump expressed his honour to sign the new Defence Bill and also paid his tribute to the US army.

"It was my great honour to sign our new Defence Bill into law and to pay tribute to the greatest soldiers in the history of the world: THE U.S. ARMY. The National Defence Authorization Act is the most significant investment in our Military and our warfighters in modern history!," the US President tweeted.

The bill was signed at the U.S. Army's Fort Drum base in New York following a 12-day vacation and is named after one of his political critics and senator from Arizona, John McCain. However, Trump paid no heed to the ailing senator as he simply termed the bill the "National Defence Authorization Act" at Fort Drum, the CNN reported.

Expressing his delight over the passing of the bill, Mccain issued a statement, saying, "I'm proud the NDAA is now law & humbled. Congress chose to designate it in my name. As Chairman of the Armed Services Cmte, I've found high purpose in service of a cause greater than self-the cause of our troops who defend America & all that she stands for."

However, Trump touted the $716 billion bill as "the most significant investment in our military in our warfighters in modern history." The US President said that he feels extremely proud to be a big part of it.