The fate of U.S. Steel sits on the president’s desk

Marketplace Morning Report

Should Japanese firm Nippon Steel be allowed to acquire U.S Steel? Is that a national security risk? Those are the questions a government review board was supposed to answer but did not — it deadlocked. So the decision now rests with President Joe Biden. We’ll hear more. Plus, Nordstrom is set to go private. And the GOP will likely use the budget reconciliation process to pass legislative priorities. We’ll provide a refresher on what that means.