Solar, renewable energy stocks tumble after President Trump issues executive order to end green energy subsidies.

The deal with Republican holdouts to end incentives for wind and solar power paved the way for passage of Trump’s mega-tax-and-spending bill. Trump’s July 4 signature on the bill completed the legislative assault on the Inflation Reduction Act’s subsidies for renewable energy.

A group of Senate Republicans are cautiously watching to see if a recent executive order will undo progress to temporarily preserve green energy tax credits in President Donald Trump's massive tax package.