00:00It's Benzinga bringing Wall Street to Main Street.
00:02Trump administration has taken the first step toward opening waters near American Samoa to
00:06deep sea mining, according to The Hill. The Interior Department announced Tuesday it will
00:10solicit public industry input on potential seabed mineral extraction in the U.S. territory.
00:15The move files an executive order from Trump to accelerate access to critical seabed resources,
00:20citing national security and economic growth. Interior Secretary Doug Burgum said the initiative
00:24could strengthen domestic supply chains. Environmental groups cautioned that deep sea
00:28mining could irreversibly damage marine ecosystems. Only a fraction of the scientific data needed to
00:34assess the impact is currently available. For all things money, visit Benzinga.com slash GSTV.
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