WASHINGTON, Jan 8 (Reuters) - U.S. Treasury Secretary
Janet Yellen said on Wednesday that Nippon Steel's ( NISTF ) blocked
acquisition of U.S. Steel received a "thorough analysis" by an
interagency national security review body that was sent to
President Joe Biden.
Yellen, in a live interview on CNBC, said she could not
discuss specifics of the review of the merger blocked by Biden
last week that is now the subject of a lawsuit that alleges that
the review by the Committee on Foreign Investment in the United
States (CFIUS) was not conducted in good faith and was
prejudiced by Biden.
"I think, as you know, there is ongoing litigation over this
case, and as head of CFIUS, I regret there is very little
substantive that I can say to you about this," Yellen said.
"Other than that, CFIUS did analyze the specifics, as it always
does of this situation, and prepared a thorough analysis to go
to the president."