Deluzio and Congressional Labor Caucus Lead Bipartisan Call for Comprehensive Review of U.S. Steel Acquisition
WASHINGTON, D.C. – Today, Congressman Chris Deluzio (PA-17) joined the Congressional Labor Caucus Co-Chairs and his fellow members on a letter urging the Biden Administration to ensure a comprehensive regulatory review of Nippon Steel’s acquisition of U.S. Steel—an iconic American company headquartered in Western Pennsylvania. Along with Rep. Deluzio, the letter was co-led by Co-Chairs of the Congressional Labor Caucus, Representatives Mark Pocan (D-WI), Donald Norcross (D-NJ), Debbie Dingell (D-MI), and Steven Horsford (D-NV) along with Reps. Marcy Kaptur (D-OH), Emilia Sykes (D-OH), and Nikki Budzinski (D-IL). An additional 48 Members of Congress, from both parties, also signed.
“Domestic steel production is crucial to the U.S. economy, including by supporting tens of thousands of well-paying, middle-class jobs across the country, as well as being key to the U.S. industrial base and our global competitiveness. To preserve U.S. domestic steel production capacity and to ensure that steel production jobs remain good jobs going forward, it is critical that any company that acquires U.S. Steel commits to respecting and working collaboratively with the company’s workforce,” the Members wrote in a letter to President Biden.
“However, as you know, the union representing the U.S. Steel workforce, the United Steelworkers (USW), has raised significant concerns about Nippon’s planned acquisition of U.S. Steel, including a failure by both parties to consult USW in the process,” the Members continued. “We therefore encourage your Administration to use all available tools to ensure a comprehensive regulatory review of this deal and its implications for U.S. workers and our industrial base.”
The letter also raises the implications of the acquisition for U.S. national security and domestic steel production, and it expresses support for National Economic Council Director Lael Brainard’s comment that this acquisition “appears to deserve serious scrutiny.”
A full copy of the letter can be found here.
The letter was signed by 53 bipartisan Members of Congress, including: Reps. Don Bacon, Brendan Boyle, Shontel Brown, Nikki Budzinski, Cori Bush, Yadira Caraveo, André Carson, Troy Carter, Greg Casar, Sean Casten, Angie Craig, Donald Davis, Chris Deluzio, Mark DeSaulnier, Debbie Dingell, Dwight Evans, Brian Fitzpatrick, John Garamendi, Dan Goldman, Steven Horsford, Chrissy Houlahan, Val Hoyle, Jonathan Jackson, Marcy Kaptur, Ro Khanna, Daniel Kildee, Greg Landsman, Barbara Lee, Summer Lee, Ted Lieu, Stephen Lynch, Seth Magaziner, Morgan McGarvey, James McGovern, Frank Mrvan, Jarrold Nadler, Donald Norcross, Eleanor Holmes Norton, Alexandria Ocasio-Cortez, Chris Pappas, Mark Pocan, Katie Porter, Linda Sánchez, Mary Gay Scanlon, Jan Schakowsky, Adam Schiff, Elissa Slotkin, Haley Stevens, Emilia Sykes, Paul Tonko, Lori Trahan, Bonnie Watson Coleman, and Susan Wild.
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