US President Donald Trump holds a solid gold replica of a deep sea nodule gifted by Tom Albanese, Chairman, American Ocean Minerals, during a roundtable on the American mining industry at the US Department of State in Washington, DC, on August 7, 2026. (Photo by Kent NISHIMURA / AFP via Getty Images)

US President Donald Trump holds a solid gold replica of a deep sea nodule gifted by Tom Albanese, Chairman, American Ocean Minerals, during a roundtable on the American mining industry at the US Department of State in Washington, DC, on August 7, 2026. (Photo by Kent NISHIMURA / AFP via Getty Images)

WASHINGTON, DC - AUGUST 07: U.S. Interior Secretary Doug Burgum speaks during a roundtable on the American mining industry at the U.S. Department of State on August 07, 2026 in Washington, DC. Trump attended the event as his administration aims to secure additional supplies of critical minerals in an effort to replenish weapons stockpiles that have been depleted during the U.S. conflict with Iran. (Photo by Eric Lee/Getty Images)

WASHINGTON, DC - AUGUST 07: U.S. President Donald Trump attends a roundtable on the American mining industry at the U.S. Department of State on August 07, 2026 in Washington, DC. Trump attended the event as his administration aims to secure additional supplies of critical minerals in an effort to replenish weapons stockpiles that have been depleted during the U.S. conflict with Iran. (Photo by Eric Lee/Getty Images)

WASHINGTON, DC - AUGUST 07: U.S. Commerce Secretary Howard Lutnick speaks during a roundtable on the American mining industry at the U.S. Department of State on August 07, 2026 in Washington, DC. Trump attended the event as his administration aims to secure additional supplies of critical minerals in an effort to replenish weapons stockpiles that have been depleted during the U.S. conflict with Iran. (Photo by Eric Lee/Getty Images)

WASHINGTON, DC - AUGUST 07: U.S. President Donald Trump (C) listens as President of Colorado School of Mines Paul Johnson (2nd-L) speaks during a roundtable on the American mining industry at the U.S. Department of State on August 07, 2026 in Washington, DC. Trump attended the event as his administration aims to secure additional supplies of critical minerals in an effort to replenish weapons stockpiles that have been depleted during the U.S. conflict with Iran. (Photo by Eric Lee/Getty Images)

(FILES) Lisa Cook, member of the Board of Governors of the US Federal Reserve, attends a Federal Reserve Board open meeting discussing proposed revisions to the board's supplementary leverage ratio standards at the Federal Reserve Board building in Washington, DC, on June 25, 2025. US President Donald Trump is moving forward with an attempt to remove Federal Reserve Governor Lisa Cook over mortgage fraud allegations, according to a White House letter seen by AFP on August 7, 2026, after the Supreme Court batted him back in June. (Photo by SAUL LOEB / AFP via Getty Images)

Paul C. Johnson (R), president of the Colorado School of Mines, attends a roundtable on the American mining industry at the US Department of State in Washington, DC, on August 7, 2026. (Photo by Kent NISHIMURA / AFP via Getty Images)