Fetterman vows to fight sale of U.S. Steel to Japanese firm – IOTW Report

Fetterman vows to fight sale of U.S. Steel to Japanese firm

JTN:

Democrat Pennsylvania Sen. John Fetterman on Monday vowed to block the sale of U.S. Steel to the Japanese firm Nippon.

Reports of the sale emerged on Monday, with Nippon Steel agreeing to a purchase price of $14.9 billion for the iconic American firm, according to Reuters.

“The acquisition of [U.S. Steek] by a foreign company is wrong for workers and wrong for Pennsylvania. I’m gonna do everything I can to block it,” Fetterman posted on X.

“I just have to say it’s absolutely outrageous that they have sold themselves to a foreign nation and a company,” he said. “Steel is always about security as well, too. And I am committed to doing anything I can do, from using my platform and my position in order to block this… I am going to fight for the steel workers and the union way of life here as well, too. And we cannot ever allow them to be screwed over or left behind.” more

14 Comments on Fetterman vows to fight sale of U.S. Steel to Japanese firm

  1. I think of ‘the new Fetterman’ the way I used to think of Jake Tapper: suspicious, but I appreciate any statements that are morally and ethically proper.
    I say ‘used to’ re Tapper, because he used to have some rational points but these days he doesn’t, yet thinks he can bank on his earlier credentials.

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  2. Must be Fetterman version 4. They had to put someone there that could make plausable arguments that don’t involve hoodies.

    At any rate, the sale would bother me since large American companies really aren’t ‘ours’ anymore – except maybe the military industrial complex ones.

    I like Japan though. They understand borders.

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  3. What’s happening? Uncle Festerman making some sense. Bizarro world. Yes, steel manufactured in The United States should be done by American owed companies. No, unions are not a priority.
    He might be smarter than he looks or he had a personality change after his stroke.

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  4. As a defense contractor, this has got to be stopped. The Japanese or no more friendly to our economy than the Chinese. They have a 100 year plan. And it certainly does not benefit us.

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