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Scott Bessent: “President Trump tried to solve [the rare earth problem] in…”

Featuring: Scott Bessent, Republican | Secretary of the Treasury | National

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Published | Video Starts at 09:06

Whether it's Pharma, whether it's semiconductors, whether it's shipbuilding, whether it's steel and rare earths. So this rare earth problem was decades in the making. Every past administration should be ashamed. President Trump tried to solve [the rare earth problem] in his last term and the environmentalists threw a fit. So here we are. But again, I'm optimistic. We are now communicating at very high levels. Like right now, right now with your counterpart. I think there was an effort to get you. (09:06–09:12)

CLAIM

Asserts that President Trump attempted to address the rare earth issue, but faced opposition from environmentalists.

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