Biden Administration Delays Block on Nippon Steel-U.S. Steel Deal Read More
Biden Plans Stricter Cybersecurity Measures Over China Hack Concerns Read More
Special Counsel Jack Smith Steps Down
In a Saturday court filing, officials announced that Special Counsel Jack Smith had resigned. This move was anticipated ahead of Donald Trump's inauguration. Smith's report about Trump's alleged role in the 2020 election interference will be released shortly. Trump has denied these allegations. […]
Biden Administration Delays Block on Nippon Steel-U.S. Steel Deal
Biden's administration will not enforce a requirement in an executive order issued this month, that Nippon Steel drop its $14.9 billion offer for U.S. Steel. The companies announced on Saturday. President Joe Biden stopped Nippon Steel from acquiring U.S. Steel on Jan. 3 on the grounds of national security. His Treasury Secretary Janet Yellen stated this week that the deal was "thoroughly analyzed" by the interagency review group, the Committee on Foreign Investment in the United States. […]
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