We need to be a better partner for private capital so we can help accelerate capital formation in key areas and lower the risk for the Department. Private capital is already helping to solve a major problem that President Trump has directed us to confront and solve across this administration, ending our reliance on competitors for access to rare earth and critical minerals. The Office of Strategic Capital, or osc, under the leadership of David Lorch, is spearheading those efforts and delivering as we speak. (39:06–39:21)
CLAIM
Asserts that private capital is aiding in reducing reliance on foreign sources for rare earth minerals.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
