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Joe Biden, US Steel
Fate of US Steel’s deal with Japan’s Nippon is now up to Biden, sources say
A committee of top government agency officials has notified President Joe Biden that it has not reached a consensus on whether a sale of US Steel to a Japanese rival poses a national security risk, according to two sources familiar with the matter.
Fate Of U.S. Steel’s Sale To Nippon In Biden’s Hands After Oversight Committee Fails To Reach Consensus
Biden has 15 days to decide whether to approve the merger which both he and President-elect Donald Trump has expressed their opposition to.
President Biden to decide fate of Nippon Steel’s $15bn bid for US Steel
CFIUS said on Monday that allowing Nippon Steel to take over US Steel could result in lower domestic steel production.
11h
on MSN
Biden to Decide on US Steel Acquisition After Panel Deadlocks
A US national security panel has deadlocked on its review of the sale of United States Steel Corp. to Nippon Steel Corp., a ...
3d
Biden's daunting exit list: Gaza ceasefire, Ukraine aid, U.S. Steel
With a month left in the White House, U.S. President Joe Biden has a long list of foreign and domestic policy actions he ...
devdiscourse
11h
Nippon's Steel Ambition Stalled: CFIUS in Limbo Over U.S. Deal
The Committee on Foreign Investment in the United States (CFIUS) failed to reach a consensus on Nippon Steel's bid to acquire ...
7h
on MSN
Biden vetoes once-bipartisan effort to add 66 federal judgeships, citing ‘hurried’ House action
President Joe Biden has vetoed a once-bipartisan effort to add 66 new federal district judgeships. Biden said Monday that ...
20h
on MSN
Joe Biden Launches Major Trade Investigation Into China
The investigation will last up to 12 months and could pave the way for further tariffs under the incoming Trump ...
11h
National Security Committee Forgoes Decision on U.S. Steel Acquisition
The Committee on Foreign Investment in the United States kicked a decision over the merger with Japan’s Nippon Steel to President Biden, who is expected to block the deal.
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