The Committee on Foreign Investment in the United States (CFIUS) was unable to reach a consensus on Japan's Nippon Steel's ...
Mayors, including Gary Mayor Eddie Melton, wrote a letter to President Joe Biden that urged his administration not to block Nippon Steel's proposed $14.9 billion acquisition of U.S. Steel.
Nippon Steel alleges the White House had "impermissible undue influence" over a national security review of its $14.9 billion ...
However, in its review of Nippon Steel’s proposed acquisition of U.S. Steel, it has failed to come to consensus.