U.S. Steel President Calls Biden Corrupt
Sunday, January 05, 2025
Statement from David B. Burritt, U. S. Steel President and CEO, on Today’s Order by President Biden
January 3, 2025 - President Biden’s action today is shameful and corrupt. He gave a political payback to a union boss out of touch with his members while harming our company’s future, our workers, and our national security. He
insulted Japan, a vital economic and national security ally, and put American competitiveness at risk. The Chinese Communist Party leaders in Beijing are dancing in the streets. And Biden did it all while refusing to even meet with us to learn the facts.
Our employees and communities deserve better. We needed a President who knows how to get the best deal for America and work hard to make it happen. Make no mistake: this investment is what guarantees a great future for U. S. Steel, our employees, our communities, and our country. We intend to fight President Biden’s political corruption.
Biden blocked the $14.9 billion buyout of Pittsburgh-based U.S. Steel on Friday. The White House reiterated national security concerns over unfair trade practices that allow foreign producers to flood the market with steel at “artificially low prices,” forcing domestic operations to shutter.
“Today’s action reflects my unflinching commitment to utilize all authorities available to me as president to defend U.S. national security, including by ensuring that American companies continue to play a central role in sectors that are critical for our national security,” he said. “As I have made clear since day one: I will never hesitate to act to protect the security of this nation and its infrastructure as well as the resilience of its supply chains.”
ABOUT DAVID BURRITT
David B. Burritt was appointed President and Chief Executive Officer of United States Steel Corporation in May 2017. He was also named to the company’s Board of Directors at that time. He was elected President and Chief Operating Officer in February 2017, and he was responsible for all aspects of the company’s day-to-day business in the United States and Central Europe.
Mr. Burritt joined U.S. Steel in September 2013 as Executive Vice President and Chief Financial Officer, responsible for all strategic and financial aspects of the company.
Before joining U. S. Steel, Mr. Burritt served as Chief Financial Officer at Caterpillar Inc.
Mr. Burritt was born in St. Louis, Missouri. He earned a bachelor’s degree in accounting in 1977 from Bradley University in Peoria. Mr. Burritt received a master’s degree in business administration from the University of Illinois in Champaign in 1990.
Mr. Burritt serves on the board of directors for Lockheed Martin and the National Safety Council and serves on the Executive Committee of the Worldsteel. He is also a member of The Business Council and the G100.