Biden will decide on US Steel acquisition after influential panel fails to reach consensus

By JOSH BOAK, MARC LEVY and ASHRAF KHALIL, Associated Press
WASHINGTON (AP) — A powerful government panel on Monday failed to reach consensus on the possible national security risks of a nearly $15 billion proposed deal for Nippon Steel of Japan to purchase U.S. Steel, leaving the decision to President Joe Biden, who opposes the deal.
The Committee on Foreign Investment in the United States, known as CFIUS, sent its long-awaited report on the merger to Biden, who formally came out against