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Steelworkers Union Applauds as Biden Blocks Sale of US Steel to Japanese Giant (www.commondreams.org)

submitted 5 days ago* (last edited 5 days ago) by [email protected] to c/[email protected]

4 comments fedilink hide all child comments

Biden said he ultimately decided to block the proposed acquisition because he believes that "a strong domestically owned and operated steel industry represents an essential national security priority and is critical for resilient supply chains."

The Committee on Foreign Investment in the United States, a federal committee that has the power to review certain transactions involving foreign investment in the United States to evaluate a deal's impact on national security, decided to forgo making a formal recommendation about whether the deal should be allowed to proceed last week.

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[–] Hominy_Hank 4 points 5 days ago

Are you asking how they voted for the merger? They weren't allowed to vote.

Are you asking how they voted during the election last year? I'll give you a hint, it rhymes with dump.