Biden’s Aides Wanted To Keep Steel Deal Alive

“President Biden went against top national-security aides when deciding to tank a Japanese takeover of U.S. Steel and instead align with his domestic advisers to bolster his pro-union legacy,” the Wall Street Journal reports. “Staff presented Biden two broad options in recent days, administration officials said: block the $14.1 billion deal entirely, or delay an approval until Nippon Steel could allay concerns that its ownership would harm the American manufacturing supply chain.”

BING NEWS:
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    01/3/2025 - 4:29 pm | View Link
  • Biden’s National-Security Aides Wanted to Keep Steel Deal Alive
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