Biden rejects U.S. Steel-Nippon Steel deal

President Biden announced Friday that he is blocking the $15 billion proposal by Japan’s Nippon Steel to buy U.S. Steel after a government panel recently failed to reach consensus on the possible national security risks of the deal.  Mr. Biden said his decision is aimed at protecting the nation’s security and infrastructure, as well as

Net neutrality rules about internet speeds blocked by federal appeals court

A federal appeals court on Thursday ruled that US regulators overstepped their authority by reinstating “net neutrality” rules governing internet service providers, dealing a blow to the Biden administration. In a published opinion, the appellate court in the state of Ohio said an order last year by the Federal Communications Commission “resurrected the FCC’s heavy-handed

Senate Unveils Top Assignments for Appropriations, Judiciary, and Finance Committees

Several senators join the Appropriations, Judiciary, Finance, Foreign Relations, and Commerce Committees, where they will gain new influence over policy. WASHINGTON—As the 119th Congress takes office, the leaders of the Senate Republican Conference and Senate Democratic Caucus have unveiled their proposed committee assignments, which will heavily influence the policy agenda of the Senate for the