National Security Committee Forgoes Decision on U.S. Steel Acquisition
Posted inBiden, Joseph R Jr Committee on Foreign Investment in the United States (CFIUS) Mergers, Acquisitions and Divestitures Nippon Steel Corporation Steel and Iron United States Economy United States International Relations United States Steel Corporation United Steelworkers of America

National Security Committee Forgoes Decision on U.S. Steel Acquisition

The Committee on Foreign Investment in the United States kicked a decision over the merger with Japan’s Nippon Steel to President Biden, who is expected to block the deal.
U.S. Takes Aim at China’s Production of Essential Chips
Posted inBiden, Joseph R Jr China Commerce Department Computer Chips Customs (Tariff) International Trade and World Market Office of the United States Trade Representative Politics and Government Russia Tai, Katherine (1974- ) Taiwan Trump, Donald J United States United States International Relations

U.S. Takes Aim at China’s Production of Essential Chips

The older-style chips are crucial for a wide array of appliances and other machinery, including weaponry.
How a Government Shutdown Could Affect the Economy
Posted inBanking and Financial Institutions Biden, Joseph R Jr Federal Budget (US) Federal Reserve System Government Employees Gross Domestic Product Inflation (Economics) Interest Rates Labor and Jobs Law and Legislation Regulation and Deregulation of Industry Shutdowns (Institutional) Stocks and Bonds Transportation Security Administration Trump, Donald J United States Economy United States Politics and Government

How a Government Shutdown Could Affect the Economy

A short lapse in funding would probably do only modest damage. But it could send a troubling signal about government dysfunction.