US House Democrat blasts Commerce's 'highly concerning' $1.6 billion USA Rare Earth deal [Yahoo! Finance]
USA Rare Earth, Inc. (USAR)
Company Research
Source: Yahoo! Finance
WASHINGTON, March 20 (Reuters) - A senior House Democrat accused U.S. Commerce Secretary Howard Lutnick on Thursday of structuring Washington's $1.58 billion investment into USA Rare Earth in a way that gives the government "highly ?concerning" leverage over the company while boosting Lutnick's family-run investment firm. In a 10-page letter, Representative Zoe Lofgren, the ranking member of ?the House Committee on Science, Space, and Technology, wrote that the proposed deal would let the Commerce Department keep an equity stake even if it decides not to ?invest while also leaving the company reliant on a $1.5 billion private capital raise led by Cantor Fitzgerald, the financial firm previously led by Lutnick and now run by his sons. "This deal creates a massive personal conflict by granting the Secretary of Commerce overwhelming leverage to influence the behavior of a private company while positioning him to promote the interests of his sons as a condition of his support," wrote
Show less
Read more
Impact Snapshot
Event Time:
USAR
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
USAR alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
USAR alerts
High impacting USA Rare Earth, Inc. news events
Weekly update
A roundup of the hottest topics
USAR
News
- US House Democrat blasts Commerce's 'highly concerning' $1.6 billion USA Rare Earth deal [Yahoo! Finance Canada]Yahoo! Finance Canada
- 5 Companies At the Center of America's Rare-Earth Revival [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- The Trump administration is putting millions into a minerals company backed by the president's son [Yahoo! Finance]Yahoo! Finance
- Is It Time To Reassess USA Rare Earth (USAR) After Rare Earth Supply Chain Headlines [Yahoo! Finance]Yahoo! Finance
- USA Rare Earth (USAR) Expands Leadership Team After Government Funding Deal [Yahoo! Finance]Yahoo! Finance
USAR
Earnings
- 11/6/25 - Miss
USAR
Sec Filings
- 3/19/26 - Form 3
- 3/19/26 - Form 4
- 3/17/26 - Form 3
- USAR's page on the SEC website