US government to have control in Nippon Steel-U.S. Steel deal, leaders say

Name: US government to have control in Nippon Steel-U.S. Steel deal, leaders say
Uploaded: 2025-05-27T23:07:00-0400
Duration: 3 min 45 s
Description: U.S. Sen. David McCormick said Tuesday that an arrangement that will allow Japan-based Nippon Steel to invest in U.S. Steel will guarantee an American CEO, a majority of board members from the United States and U.S. government approval over certain corporate functions.

U.S. Sen. David McCormick said Tuesday that an arrangement that will allow Japan-based Nippon Steel to invest in U.S. Steel will guarantee an American CEO, a majority of board members from the United States and U.S. government approval over certain corporate functions.