Senators Voice Alarm Over Proposed $14.9B Sale of U.S. Steel to Japanese Company
• Senator John Fetterman and other Democrats react angrily to proposed $14.9 billion sale of U.S. Steel to Japanese company Nippon Steel • Sale poses concerns about potential loss of U.S. steelworking jobs, threats to national security and American industry • Bipartisan group of Senators call for review of acquisition, citing worries about impacts on workforce, supply chains, and exporting capacity • National Economic Advisor Lael Brainard says deal deserves scrutiny on national security and supply chain reliability grounds • Newsweek aims to challenge conventional wisdom and find common ground on complex issues like this