#CNBC Wharton’s Siegel: It is ‘scandalous’ that U.S. doesn’t have a rare earths strategic reserve

Wharton’s Siegel: It is ‘scandalous’ that U.S. doesn’t have a rare earths strategic reserve
China’s control over crucial rare earth materials has been a “threat for a long time” to Western supply chains and the U.S. should create a strategic reserve of the metals, University of Pennsylvania professor emeritus of finance Jeremy Siegel told CNBC’s “Squawk Box” Monday.

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