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Biden blocks Japan's Nippon Steel from acquiring U.S. Steel

President Joe Biden said Friday that he has decided to block a $15 billion takeover of U.S. Steel by the Japanese company Nippon Steel, capping off a yearlong business saga that drifted into election-year politics.

The decision comes after a national security review by a Treasury Department committee failed to reach a consensus on the deal and referred the final decision to the president in December. NBC News had reported in September that Biden was preparing to block the takeover.

The president, who leaves office in little more than two weeks, faced a challenging political calculus over the fate of the iconic Pittsburgh-based firm: Allowing a foreign entity with far greater resources to take it over could put the business on stabler financial footing. But keeping U.S. Steel in American hands risked the company’s survival under intense foreign competition.

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Another high profile pro athlete robbed. Luka Doncic this time.

I couldn’t find the thread, but I know this has been discussed. Multiple high profile athletes have had their homes robbed while on the road.
This must be an organized crime ring, right?
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Yep, Devilcrats moving forward with abolishing the electoral college


"Senate Democrats introduced a bill to abolish the Electoral College. Democrats hate middle America– they want the coastal elites to choose the president of the United States."
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