National Security Committee Forgoes Decision on U.S. Steel Acquisition NYT | Top Stories By: Alan Rappeport and Lauren Hirsch 24 December 2024 at 09:29 The Committee on Foreign Investment in the United States kicked a decision over the merger with Japan’s Nippon Steel to President Biden, who is expected to block the deal. © Brendan Smialowski/Agence France-Presse — Getty ImagesThe committee’s move paves the way for President Biden to terminate the $14 billion acquisition of U.S. Steel.
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