Oversight Hearing Titled: "Full Blast: Contrasting Momentum in the Space Mining Economy to the Terrestrial Mining Regulatory Morass."
Fisheries Conservation, Wildlife, and Oceans
2025-02-25
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Source: Congress.gov
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Without objection, the Chair is authorized to declare recess of the Subcommittee at any time. Subcommittee is meeting today to hear testimony on Full Blast, Contrasting Momentum in the Space Mining Economy to the Terrestrial Mining Regulatory Morass. Under Committee Rule 4F, any oral opening statements at the hearing are limited to the chairman and the ranking member. That's really bad. And therefore, I ask for unanimous consent that all of the members' statements be made part of the hearing record if they are submitted in accordance with Committee Rule 3-0. Without objection, so ordered. I ask for unanimous consent that the following members be allowed to sit and participate in today's hearing. The gentleman from Minnesota, Mr. Stauber. Without objection, so ordered. I now recognize myself for an opening statement. Good morning, everyone. Thanks to all our witnesses who have traveled today to testify on this important issue, contrasting momentum in the space mining economy to the terrestrial mining regulatory morass. I'd especially like to welcome Professor Cabrera, who traveled here from the University of Arizona. Thank you. Last Congress Committee held the first congressional hearing on the prospect of extracting resources, including critical minerals in space. In the 119th Congress, with a new administration in place that prioritizes development of our nation's resources, the time is ripe not only to revisit this conversation from the perspective of both domestic and space mining, but earlier this year news reports suggested a slightly decent likelihood of an asteroid hurling towards Earth until
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