Washington, D.C. - Today, U.S. Senator Bob Casey (D-PA) released the following statement about President Biden’s announcement that he opposes the sale of U.S. Steel to Japanese company Nippon Steel:
“Pennsylvania workers are the American steel industry’s greatest asset. I have long held concerns that this sale could be a bad deal for our workers, and I share President Biden’s commitment to maintaining an American steel industry. My number one priority is protecting union jobs in the Mon Valley and I’ll work like hell against any deal that leaves our Steelworkers behind.”
Senator Casey has opposed Nippon Steel’s purchase of U.S. Steel since it was announced in December. In the days following the sale announcement, he urged the Committee on Foreign Investment in the United States to block the sale and demanded answers from Nippon on the company’s commitment to Pennsylvania. In the following months, he has continued to push the Biden Administration to oppose the planned acquisition.
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