On the recordFebruary 6, 2025
Biden moved to halt the acquisition after federal regulators deadlocked on whether to approve it, saying that maintaining a strong domestic steel industry was important for U.S. national security.
Source
cbsnews.comBiden moved to halt the acquisition after federal regulators deadlocked on whether to approve it, saying that maintaining a strong domestic steel industry was important for U.S. national security.
Biden cites national security concerns in blocking the acquisition of U.S. Steel.
Share
More from Joe Biden
The U.S. has the lowest inflation rate of any major economy in the world—the so-called G7
To end this theft, I signed a Presidential Memorandum stopping illegal aliens and other ineligible individuals from obtaining Social Security Act benefits—and we are deporting illegal aliens who steal from our country.