Citing potential for corruption, conflicts, top committee Dems probe Trump’s stakes in mining firms

By: Hugh Jackson

Outlets: Nevada Current

Published: February 3, 2026

Words: 721

Last Updated: 3 weeks, 2 days ago

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Citing “the secrecy surrounding these deals and whether Trump and his allies are profiting behind the scenes,” ranking Democrats on three congressional committees sent a letter to Trump cabinet officials Monday demanding details about ownership stakes the administration has acquired in several mining companies, at least two of which are doing business in Nevada.

In September the Department of Energy, in exchange for renegotiating a federal loan, took a 5% ownership interest in the Thacker …

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