The iconic 123 year old American Steel company and said its vital that the company remain owned and operated in the states. This is a big deal and notjust politically. Nippon steel is set to pay 14. 9 billion to acquire the us giant. But politically, this is territory President Biden knows well. He has cast himself as a champion of the Working Class and called himself the most pro Union President in history. He made headlines for walking the picket line with striking Auto Union Workers last fall. Unionised steelworkers could lend the president support in his election bid. They form the largest industrial union. And for his part, donald trump pledged to block the deal if he takes the white house again. They agreed that Foreign Ownership would leave the us vulnerable when it comes to prioritising their own defence and infrastructure. Its bound to become a topic of conversation between key allies when japanese conversation between key allies whenjapanese Prime Minister when japanese Prime
American Steel Company and said its vital that the company remain owned and operated in the states. This is a big deal and notjust politically. And not just politically. Nippon and notjust politically. Nippon steel is said to pay 14. 9 billion to acquire us giant. But politically, this is territory President Biden knows too well. He is custom self as a champion of the Working Class and called themselves the most prounion president in history. He made headlines for walking the picket line with striking order Union Workers last fall. Unionised steelworkers could land the president support in his election bid, the North American Lustrous Union and for its part, former President Donald Trump pledged to block the deal if he retakes the white house. The president of the United Steelworkers International welcome to the coal from International Welcome to the coalfrom biden on International Welcome to the coal from biden on thursday, agreeing that Foreign Ownership will leave the us more honour
familiar face calling the investigation a witch hunt and kept up the attacks on the fbi and serve of mar-a-lago. we re gting new details and a clearer picture of the timeline around what happened there. sources tell nbc news the fbi agents arrived at mar-a-lago on monday at 9:00 in the morning. the secret service was given a heads up 45 minutes to an hour before the search and agents left around 6:30 p.m. the former president s legal team said they were in discussion with the doj as early as june about records stored there. one trump attorney said the fbi removed a dozen boxes from a basement storage area and say a search warrant indicated the fbi was investigating possible violations of laws related to the handling of classified material. politically, we re seeing the republican party coalesce around the former president. a source close to trump called it a complete circling of the wagons. we ll start with the mounting legal troubles for the former president. ken is back and
basking in a historic win with a landmark spending bill passing just hours ago. president biden is wasting no time applauding the passage. it may become the largest investment in climate change intervention the nation s ever seen. i m almost has every region of the nation has been baked by extreme heat. the summer many states terrorized by extreme weather disasters that caused billions of dollars and hundreds of lives. coast to coast we are bracing for more as fire season in the western states has opened with more record places well federal scientists warn of an above average and above normal hurricane season. still threatening the east coast. yet for all the unprecedented crime and action promised by the inflation reduction act it is still just a step towards a sustainable future. it is moving the country away from fossil fuels and substantially curving the nation s emissions over the next eight years. even with this legislative battle over climate action or is america rea
work through the weekend to pass a major tax climate, and health care plan. after almost a year of negotiations. the first votes expected to begin tomorrow afternoon. today, the senate s top democrat laid out key parts of the bill. this is a very, very, very big deal. including producing prescription drug costs, fighting climate, change closing tax loopholes for corporations in the wealthy, and reducing deficit. i believe we will have 50 votes to pass this legislation at the end of the day. as senator schumer said, this bill includes significant ways to have corporate america be more accountable. finally imposing a corporate minimum tax and another, attacks on companies doing stop by buybacks. this is a common practice when they have extra cash and they choose not to spend it on employees, or research and development. instead, they buy back stock to boost its price and hookup their shareholders. now they choose to do that, should this bill pass, they will be hit with a li