The Latest: Trump administration looks to rebuild critical mineral supply chain
Feb 4, 2026, 5:08 AM
President Donald Trump speaks to reporters after signing a spending bill that ends a partial shutdown of the federal government in the Oval Office of the White House, Tuesday, Feb. 3, 2026, in Washington. (AP Photo/Alex Brandon)
Credit: ASSOCIATED PRESS
(AP Photo/Alex Brandon)
President Donald Trump’s administration is expected to unveil its grandest plan yet to rebuild supply chains of critical minerals needed for everything from jet engines to smartphones, likely through purchase agreements with partners on top of creating a $12 billion U.S. strategic reserve to help counter China’s dominance.
Vice President JD Vance is set to deliver a keynote address Wednesday at a meeting Secretary of State Marco Rubio is hosting with officials from several dozen European, Asian and African nations. The U.S. is expected to sign deals on supply chain logistics, though details haven’t been revealed. Rubio met Tuesday with foreign ministers from South Korea and India to discuss critical minerals mining and processing.
The meeting and expected agreements will come just two days after Trump announced Project Vault, or a stockpile of critical minerals to be funded with a $10 billion loan from the U.S. Export-Import Bank and nearly $1.67 billion in private capital.
Here’s the latest:
Despite rare negotiations between Democrats and President Donald Trump, a bipartisan agreement on new restrictions for federal immigration enforcement in the next two weeks will be exceedingly difficult — or even “an impossibility,” as Republican Senate Majority Leader John Thune said.
Congress is discussing potential new rules for Immigration and Customs Enforcement and U.S. Customs and Border Protection after officers shot and killed two Minneapolis protesters in January. The negotiations come amid some bipartisan sentiment that Congress should step in to de-escalate tensions over the enforcement operations that have rocked Minnesota and other states.
But it’s unclear if the president or enough congressional Republicans will agree to any of have already pushed back.
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A complaint made about Director of National Intelligence Tulsi Gabbard months ago relates to an allegation that she withheld access to classified information for political reasons, according to a memo sent to lawmakers by the Inspector General’s Office and obtained by The Associated Press.
That allegation in the complaint filed in May appeared to not be credible, according to the former watchdog for the intelligence community that initially reviewed it. It has become a flashpoint for Gabbard’s critics, who accuse her of withholding information from members of Congress tasked with providing oversight of the intelligence services.
Copies of the top-secret complaint are being hand-delivered this week to the “Gang of Eight” lawmakers — a group comprised of the House and Senate leaders from both parties as well as the top Democrats and Republicans on the House and Senate intelligence committees.
Gabbard’s office has denied the allegations and disputed that it withheld the complaint, saying the delay in getting it to lawmakers was due to an extensive legal review necessitated by the complaint’s many classified details, as well as last year’s government shutdown.
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President Donald Trump’s administration is expected to unveil its grandest plan yet to rebuild supply chains of critical minerals needed for everything from jet engines to smartphones, likely through purchase agreements with partners on top of creating a $12 billion U.S. strategic reserve to help counter China’s dominance.
Vice President JD Vance is set to deliver a keynote address Wednesday at a meeting that Secretary of State Marco Rubio is hosting with officials from several dozen European, Asian and African nations. The U.S. is expected to sign deals on supply chain logistics, though details have not been revealed. Rubio met Tuesday with foreign ministers from South Korea and India to discuss critical minerals mining and processing.
The meeting and expected agreements will come just two days after Trump announced Project Vault, or a stockpile of critical minerals to be funded with a $10 billion loan from the U.S. Export-Import Bank and nearly $1.67 billion in private capital.
▶ Read more
