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‘Golden Share’ in U.S. Steel Gives Trump Extraordinary Control
The U.S. government now holds a golden share in U.S. Steel — a single vote with extraordinary power. As part of a deal to save Japan’s Nippon Steel takeover, President Trump secured a permanent veto over key company decisions, from moving jobs overseas to sourcing raw materials. It’s a first-of-its-kind arrangement in modern U.S. policy, signaling a major shift in how foreign investment might work going forward. For investors and national security experts alike, the message is clear: the rules just changed. Ana Swanson and Lauren Hirsch with New York Times has the full story.
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