Foreign investment panel split on Nippon’s bid for US Steel

Lack of consensus at Cfius makes it more likely Joe Biden will block the deal

Topics

Pompeo bucks Trump, calls for Nippon steel deal

Mike Pompeo, who served as Secretary of State during Trump's first administration, backed Japanese Nippon Steel Corp.’s attempted acquisition of U.S. Steel, sharply veering from President-elect ...
The Hill - 16h
Biden administration split over US Steel deal

Pentagon, Treasury and state department all conclude $15bn Nippon Steel acquisition poses no national security risk
Financial Times - 3d
Republicans pick Mast to lead House Foreign Affairs panel

House Republicans selected Rep. Brian Mast (R-Fla.) to chair the House Foreign Affairs Committee in the 119th Congress, sources told The Hill, as the conference works to organize its panels for the ...
The Hill - 5d
Trump takes aim at US Steel deal

Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Trump says he'll block Nippon Steel-U.S. Steel deal President-elect Trump vowed ...
The Hill - Dec. 3
Trump says he would block US Steel acquisition by Nippon Steel

President-elect Trump vowed to block Japanese Nippon Steel Corp.'s acquisition of U.S. Steel. "I am totally against the once great and powerful U.S. Steel being bought by a foreign company, in this ...
The Hill - Dec. 3
Trump repeats vow to 'block' Nippon Steel's bid for U.S. Steel

While he made similar statements on the 2024 campaign trail, it was the first time that Trump had spoken about the deal since he won a second presidential term last month.
CNBC - Dec. 3
Trump vows to block U.S. Steel's takeover by Japan's Nippon Steel

President-elect Donald Trump said he is "totally against" Japan's Nippon Steel buying U.S. Steel.
CBS News - Dec. 3
U.S. Steel shares drop on Trump’s pledge to block Nippon Steel takeover

U.S. Steel Corp. shares fell 7% in Tuesday’s pre-market trading session after President-elect Donald Trump pledged to block Nippon Steel’s plans to acquire the 123-year-old Pittsburgh-headquartered ...
MarketWatch - Dec. 3
Trump Says He Will Block Nippon Steel’s Acquisition of U.S. Steel

The announcement reiterated sentiments the president-elect expressed on the campaign trail, and further imperiled a deal that had already run into widespread political opposition.
The New York Times - Dec. 3