The administration announced a $1.6 billion deal with USA Rare Earth. The firm also does business with Cantor Fitzgerald, which is run by the sons of President Trump's commerce secretary.
Rare Earth Stocks Jump On Trump Stake In USA Rare Earth Investor's Business DailyUSA Rare Earth shares jump 20% as Commerce Department takes equity stake CNBCTrump supports U.S. rare earth firm in move to ease China stranglehold AxiosUSA Rare Earth Enters Pact for $1.6 Billion of Federal Funds The Wall Street Journal
