On Monday, Vice President Kamala Harris became the latest prominent political figure to agree that the federal government ought to block the sale of U.S. Steel to a Japanese competitor.
On Wednesday, reports surfaced that President Joe Biden is ready to do exactly that. Biden "is preparing to announce that he will formally block Nippon Steel's proposed $14.9 billion acquisition of U.S. Steel," The Washington Post reported, citing a number of anonymous sources.
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