Senators Hawley, Vance, and Rubio Urge Biden to Block U.S. Steel Sale to Foreign Company
Senators Josh Hawley (R-Mo.), JD Vance (R-Ohio), and Marco Rubio (R-Fla.) sent a letter to President Biden calling on him to block Nippon Steel from acquiring U.S. Steel.
President Biden has repeatedly and publicly expressed his support for preventing a foreign takeover of one of America's flagship companies. Nonetheless, Biden has refused to use his authority as president to block the deal.
“By law you possess the authority to block the sale of U.S. Steel unilaterally under the Defense...