President Joe Biden is speaking at a reception for new congressional members of his party this evening.
Citing national security, the president announced that he is blocking the sale of U.S. Steel to Japan’s Nippon Steel, saying, “A strong domestically owned and operated steel industry represents an essential national security priority and is critical for resilient supply chains.“
President Biden continued, “Steel powers our country: our infrastructure, our auto industry, and our defense industrial base. Without domestic steel production and domestic steel workers, our nation is less strong and less secure.“
As the Lord Leads, Pray with Us…
- For the president and his advisors as decisions are made in the remaining weeks of this term.
- For Commerce Secretary Raimondo and Trade Representative Tai as they provide economic information to the president and other administration officials.
- For the president-elect and his nominees as they prepare for the transition into office and Senate confirmation hearings.
