Jan 16 (Reuters) - Scott Bessent, U.S. President-elect
Donald Trump's choice to head the Treasury Department, on
Thursday said that if the blocked merger between U.S. Steel and
Nippon Steel ( NISTF ) comes back for review under the Trump
administration, it will get a fair assessment.
"If it reappears, CFIUS will conduct the same review that it
always does," Bessent told the U.S. Senate Finance Committee,
referring to the interagency Committee on Foreign Investment in
the United States. The merger was blocked by the Biden
administration in a move that the companies are challenging in
the U.S. courts.