Moscow Mitch: Biden selling out to Big Labor by blocking US Steel deal
Sen. Mitch McConnell (R-Ky.) argued President Biden is selling out to Big Labor by blocking the sale of U.S. Steel to Japanese-owned Nippon Steel.
The Biden administration will leave Americas core economic and national-security interests less secure than it found them, McConnell wrote in an op-ed published in Rupert Murdoch owned Wall Street Urinal Thursday. By blocking what could have been a transformational investment in a critical U.S. industry weeks before his term ends, President Biden has saved some of the worst for last.
Earlier this year, Biden announced he would block the sale, noting the country needs U.S. companies representing the steelmaking industry to keep leading the fight on behalf of Americas national interests.
Nippon Steel first announced in December 2023 that it was going to purchase U.S. Steel for roughly $15 billion.
https://www.yahoo.com/news/mcconnell-biden-selling-big-labor-192450986.html
Aren't you overdue for your dirt nap Mitch?