Biden will reveal the decision on the acquisition of US Steel as early as Friday, reports CBS News Reuters

WASHINGTON (Reuters) – U.S. President Joe Biden is likely to announce a decision as early as Friday on whether to approve the acquisition of US Steel by Japan’s Nippon Steel, CBS News reported late on Thursday, citing people familiar with the process.

The Committee on Foreign Investment in the United States (CFIUS) recently passed the decision on whether to approve or block the deal to Biden, who will leave office on January 20.