Trump gets ‘golden share’ power in US Steel buyout. US agencies will get it under future presidents

News Snapshot:

President Donald Trump leaves after a media conference at the end of the NATO summit in The Hague, Netherlands, Wednesday, June 25, 2025. (AP Photo/Alex Brandon) HARRISBURG, Pa. – President Donald Trump will control the so-called “golden share” that's part of the national security agreement under which he allowed Japan-based Nippon Steel to buy out iconic American steelmaker U.S. Steel, according to disclosures with the U.S. Securities and Exchange Commission. The provision gives the president the power to appoint a board member and have a say in company decisions that affect domestic steel production and competition with overseas producers. Recommended...