The top Democrat on the House Science, Space, & Technology Committee is alarmed over the Commerce Department’s pending $1.6 billion investment in a critical minerals company, noting that details remain scarce and that even if the government backs out of the deal it would still maintain its equity stake. Moreover, transaction terms require USA Rare Earth [USAR] to raise private capital, which is being led by the financial services firm Cantor Fitzgerald, which was controlled by Commerce Secretary Howard Lutnick…