U.S. deep-sea mining plans may hurt its interests, benefit China: CSIS

U.S. deep-sea mining plans may hurt its interests, benefit China: CSIS

The U.S. is preparing to mine the sea floor for critical minerals to reduce its dependence on China. But doing so in international waters could undermine a global rules-based order and indirectly benefit Beijing, policy experts warn. Efforts to create international guidelines on seabed mining through the International Seabed Authority (ISA), a U.N. regulator, have…

Read More
Hassett likely to be Trump’s pick for Fed chief, though Warsh is more qualified, CNBC survey finds

Hassett likely to be Trump’s pick for Fed chief, though Warsh is more qualified, CNBC survey finds

White House economic adviser Kevin Hassett speaks next to U.S. President Donald Trump in the Oval Office of the White House in Washington, D.C., U.S., March 7, 2025.  Leah Millis | Reuters President Donald Trump will tap his top economic advisor Kevin Hassett to be the next Federal Reserve chair, according to respondents to a…

Read More