Lauren Hirsch

1 week ago | seattletimes.com | Tony Romm |Lauren Hirsch

The U.S. government is planning to participate in the planned “partnership” between U.S. Steel and its Japanese rival Nippon Steel, Sen. Dave McCormick, R-Pa., said on CNBC on Tuesday. McCormick said that as part of a national security agreement that the companies will sign with the Trump administration, the federal government will get a so-called golden share in the deal. As a result, the administration will have a say in who is appointed to the company’s board from the United States.

1 week ago | nytimes.com | Lauren Hirsch |Tony Romm

The federal government will also have say over U.S. board members in a tie-up between Japans Nippon Steel and U.S. Steel, according to a lawmaker. The U.S. government is planning to participate in the planned "partnership" between U.S. Steel and its Japanese rival Nippon Steel, Senator Dave McCormick, a Republican from Pennsylvania, said on CNBC on Tuesday.

2 weeks ago | nytimes.com | Lauren Hirsch |Alan Rappeport

President Trump announced on Friday what appeared to be a go-ahead for a long contemplated tie-up between U.S. Steel and its Japanese rival, Nippon Steel. "This will be a planned partnership between United States Steel and Nippon Steel, which will create at least 70,000 jobs, and add $14 Billion Dollars to the U.S. Economy," Mr. Trump wrote on social media.

2 weeks ago | nytimes.com | Andrew Ross Sorkin |Edmund Lee |Bernhard Warner |Sarah Kessler |Lauren Hirsch |Danielle Kaye

House Republicans overcame bitter differences to deliver President Trump a major victory on Thursday. Minutes ago, they narrowly passed a spending bill that packs in huge tax cuts and guts many of Joe Biden's signature policies on student-debt relief and climate transition efforts. The next hurdle is the Senate, where Republican lawmakers - especially those looking to preserve elements of Biden initiatives and Medicaid entitlements - could claw back some cuts.

2 weeks ago | nytimes.com | Andrew Ross Sorkin |Edmund Lee |Bernhard Warner |Sarah Kessler |Lauren Hirsch |Danielle Kaye | +1 more

Investors in American government debt are getting antsy. The yield on the 30-year Treasury bond passed 5 percent on Wednesday, with traders seemingly spooked over a Republican budget bill that could push U.S. fiscal debt into record territory. President Trump made no mention of that on Tuesday during his trip to Capitol Hill to whip up votes for the legislation. A reminder of the stakes: The bill could be key to Trump's domestic agenda, and would determine fiscal policy for years.