Scott Lincicome, Vice President of General Economics at the Cato Institute, joined the show to discuss the Biden administration's decision to block the $15 billion merger between U.S. Steel and Nippon Steel. Lincicome argued that Nippon Steel's $3 billion investment in U.S. Steel's facilities, including those in Granite City, would have preserved jobs and modernized plants. He criticized the decision as politically motivated, influenced by union politics rather than national security concerns. He also highlighted that Japanese investments in U.S. companies have generally been uncontroversial and that the merger’s rejection appeared to be more about union politics than policy.