Trump Appoints Colin McDonald as Assistant Attorney General for National Fraud Enforcement 
Oracle Plans $45–$50 Billion Funding Push in 2026 to Expand Cloud and AI Infrastructure 
Bob Iger Plans Early Exit as Disney Board Prepares CEO Succession Vote 
Nvidia Confirms Major OpenAI Investment Amid AI Funding Race 
Panama Supreme Court Voids CK Hutchison Port Concessions, Raising Geopolitical and Trade Concerns 
U.S. Imposes Visa Restrictions on Haiti Transitional Council Over Gang Allegations 
Saks Global to End Saks on Amazon Partnership Amid Bankruptcy Restructuring 
Venezuela Proposes Amnesty Law and Plans to Transform Helicoide Prison 
U.S. Approves Over $6.5 Billion in Military Sales to Israel Across Three Defense Contracts 
Putin Envoy Kirill Dmitriev to Visit Miami for Talks With Trump Administration Officials 
Sam Altman Criticizes ICE Enforcement as Corporate Leaders Call for De-Escalation 
Zelenskiy Awaits U.S. Details as Ukraine Prepares for Possible Peace Talks Next Week 
Panama Supreme Court Voids Hong Kong Firm’s Panama Canal Port Contracts Over Constitutional Violations 
Why Trump’s new pick for Fed chair hit gold and silver markets – for good reasons 
American Airlines Plans Return to Venezuela Flights After U.S. Lifts Ban 
Pemex Halts Planned Crude Oil Shipment to Cuba Amid Rising US Pressure 
Syria-Kurdish Ceasefire Marks Historic Step Toward National Unity 
President Donald Trump is reviewing a divided recommendation from the Committee on Foreign Investment in the United States (CFIUS) regarding Nippon Steel’s $14 billion bid for U.S. Steel. While the panel was not unanimous, a majority of CFIUS members believe any national security risks can be mitigated, according to a White House official who spoke anonymously.
The CFIUS recommendation comes in response to an executive order signed by Trump in April, directing the committee to assess whether the Japanese steelmaker’s proposed merger posed national security threats and whether the companies' proposed mitigation measures were sufficient.
Nippon Steel recently boosted its proposed investment to $14 billion, including a $4 billion plan for a new steel mill, in a final effort to secure U.S. approval. The White House confirmed that Trump will review the findings of each agency involved and has up to 15 days to make a decision, although delays are possible.
The review follows a January decision by former President Joe Biden to block the deal on national security grounds. Nippon Steel and U.S. Steel have since filed suit, arguing they were denied a fair review. The Biden administration rejected the claim.
The latest CFIUS report includes statements from each participating agency, detailing their stance on the deal. Trump’s decision will determine whether Nippon Steel can proceed with the acquisition or if national security concerns will once again halt the transaction.
The merger has drawn significant attention given its geopolitical implications and potential to reshape the U.S. steel industry amid rising protectionist policies and growing concerns over foreign ownership of critical infrastructure.
