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The Biden administration’s handling of the proposed sale of United States Steel Corp. is yet another example of how the Committee on Foreign Investment in the United States (CFIUS) has been hijacked for political gain by creating a secretive, unaccountable process that has been weaponized to serve Biden’s political interests instead of America’s national security.

The proposed $14.9 billion acquisition of U.S. Steel by Japan’s Nippon Steel is currently in limbo, with the Biden administration facing a January 7 deadline to make a final decision. In an effort to win over a weaponized CIFIUS, Nippon Steel has made significant concessions, including a 10-year guarantee to maintain U.S. Steel’s production capacity and a $2.7 billion commitment to modernizing unionized facilities, as well as offering the U.S. government veto power over any reductions in production capacity and pledging to appoint U.S. citizens to key management positions. Despite these good faith gestures, the Biden Administration has decided to put corporate cronyism and special interests over what’s best for the American people.

[Source.](https://redstate.com/redstate-guest-editorial/2025/01/02/cfius-is-broken-bidens-politicization-of-us-steel-puts-america-at-risk-n2183866) > The Biden administration’s handling of the proposed sale of United States Steel Corp. is yet another example of how the Committee on Foreign Investment in the United States (CFIUS) has been hijacked for political gain by creating a secretive, unaccountable process that has been weaponized to serve Biden’s political interests instead of America’s national security. > The proposed $14.9 billion acquisition of U.S. Steel by Japan’s Nippon Steel is currently in limbo, with the Biden administration facing a January 7 deadline to make a final decision. In an effort to win over a weaponized CIFIUS, Nippon Steel has made significant concessions, including a 10-year guarantee to maintain U.S. Steel’s production capacity and a $2.7 billion commitment to modernizing unionized facilities, as well as offering the U.S. government veto power over any reductions in production capacity and pledging to appoint U.S. citizens to key management positions. Despite these good faith gestures, the Biden Administration has decided to put corporate cronyism and special interests over what’s best for the American people.

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