White House says sale of U.S. Steel to foreign company deserves ‘serious scrutiny’

BY: - December 22, 2023

National Economic Advisor Lael Brainard said the purchase of U.S. Steel by Japan-based Nippon Steel "appears to deserve serious scrutiny in terms of its potential impact on national security."

The U.S. Capitol Building on June 1, 2023 in Washington, DC. (Photo by Anna Moneymaker/Getty Images)

Casey, Fetterman, Deluzio call on Yellen to halt U.S. Steel acquisition

BY: - December 20, 2023

The lawmakers say that the ownership of U.S. Steel by a foreign entity would be a step backwards in the commitment to supply chain integrity and economic security.