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Trump administration's $1.6 billion stake in USA Rare Earth draws fire

Original: The Trump admin's $1.6 billion investment in USA Rare Earth - which includes a big equity stake, of course - stinks to h

The Trump administration has invested $1.6 billion in USA Rare Earth, a magnet maker, taking a large equity stake in the company. Critics, including trade analyst Scott Lincicome, say the deal 'stinks to high heaven,' pointing to a Bloomberg investigation into how the company secured the funding and questioning the propriety of the government taking ownership in a private firm.

Why now: Fresh Bloomberg reporting on the deal has reignited debate over government equity stakes in private companies under Trump's industrial policy.

Trump administrationUSA Rare EarthBloombergScott Lincicome

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• The Trump admin's $1.6 billion investment in USA Rare Earth - which includes a big equity stake, of course - stinks to high heaven. Bloomberg has the details. Read it all. https:// bloomberg.com/news/features/ 2026-09-23/usa-rare-earth-how-the-magnet-maker-landed-1-6-billion-in- · scottlincicome · 434

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