In a surprising turn of events, the outgoing Biden administration blocked a $14.9 billion deal for Nippon Steel to acquire US Steel, citing national security concerns. This decision has sparked legal battles, raised diplomatic questions, and left the future of one of America’s most iconic companies uncertain. But is this move purely about security, or are th ... Show More
Sep 2024
How the Election Is Sinking a $15 Billion Business Deal
<p>In a highly unusual move, the Biden administration signaled last week that it would block a Japanese company from buying an iconic American company in a critical swing state.</p><p>Alan Rappeport, who covers the Treasury Department for The Times, discusses the politics that co ... Show More
20m 23s
Jul 2025
The President's Golden Share in U.S. Steel
LIVE SHOW ALERT: August 18th, NYC. Get your tickets here. When news broke that a Japanese company, Nippon Steel, was buying the storied American steel company U.S. Steel, it was still 2023, just before an election. And right away, politicians from both sides of the aisle came out ... Show More
28m 22s
Jun 2025
Prof G Markets: Tariffs Blocked by Court, U.S. Steel’s Golden Shares & Neuralink’s Funding Round
Follow Prof G Markets: Apple Podcasts Spotify Scott and Ed discuss the trade court’s ruling that Trump lacked the authority to impose most tariffs, Trump Media’s plan to buy bitcoin and Nvidia’s first quarter earnings. Then they discuss Nippon Steel’s acquisition of U.S. Steel, a ... Show More
58m 40s