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Trump Likely To Invest In More Rare Earths, Bessent Says
Benzinga· 2025-10-15 19:41
President Donald Trump's administration is likely to take stakes in more companies following China’s latest rare earth export limitations, Treasury Secretary Scott Bessent said Wednesday. CRML stock is falling Wednesday. See the chart hereBessent told CNBC that he "wouldn't be surprised" if the U.S. bought equity shares in other companies, but only in strategic industries. "When we get an announcement like this week with China on the rare earths, you realize we have to be self-sufficient, or we have to be s ...