Trump Admin's $35M Investment in Alaska Mine Raises Eyebrows
Anchorage News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
House Democrat raises concerns over Trump admins $35M investment in Trilogy Metals, a company pushing to mine Alaskas Ambler district. The deal gave the government a 10% stake, announced on October 6th, and Trilogys stock price tripled the next day. The timing caught attention as hedge fund manager John Paulson, a major Trump fundraiser, sold shares worth about $30M just weeks before. Republicans defend these equity deals as key to building U.S. supply chains for critical minerals, while Democrats question whether these moves strengthen national security or cross ethical lines.
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