X - John Fetterman Speaks Out Against U.S. Steel Acquisition: 'I'm Gonna Do Everything I Can To Block It' | Benzinga
United States Steel Corporation (NYSE: X) announced Monday that it will be acquired by Japan-based Nippon Steel Corporation in a transaction valuing the company at $14.9 billion.
Several prominent figures voiced strong reactions to the deal, including U.S. Senator John Fetterman (D-PA) and the president of the United Steelworkers (USW) union, David McCall.
What Happened: In a post on X on Monday, Fetterman made it clear that he's strongly against the U.S. Steel takeover deal.
"The acquisition of U.S. Steel by a foreign company is wrong for workers and wrong for Pennsylvania. I’m gonna do everything I can to block it," he said.
In a video message attached to the same social media post, Fetterman added, "It is absolutely outrageous that they have sold ...