The high-level investigation has the power to recommend civil or criminal charges.
The investigation is currently in its initial phase and efforts to recover the wreckage of the sub are ongoing.
Cpt Neubauer said investigators would be taking "all precautions" if they discover human remains during recovery operations. He added that interviews were already being conducted in the Canadian city of St John's, where the Titan's support vessel, the Polar Prince launched and towed the submersible into the North Atlantic Ocean.
US Coast Guard Rear Admiral John Mauger, who also spoke to reporters, was asked about the cost of the search and rescue operation but declined to answer,
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