Trump Gets 'Golden Share' Power in US Steel Buyout. US Agencies Will Get It Under Future Presidents

Colby Cosh: How Donald Trump nationalized U.S. Steel

Last week, Nippon Steel Corp. of Japan formally completed a takeover of U.S. Steel (USS), the venerable but diminished American industrial giant created by J.P. Morgan in 1901. The Japanese company originally placed its bid for USS in late 2023, but it ran into immediate trouble with the Biden administration. U.S. Steel, once widely regarded as an overmighty pollution-spewing relic of Gilded Age cartelization, had magically evolved to become a v…

Environmental groups tell Nippon Steel to clean up newly-acquired U.S. Steel plants in Pittsburgh

Local environmental groups in Western Pennsylvania say Nippon Steel’s purchase of U.S. Steel should lead to cleaner operations at the company’s Pittsburgh-area plants.

Nippon/US Steel Merger Means Big Things in Store for JeffCo, Surrounding Area, Commission President Says - BirminghamWatch

Jefferson County Commission President Jimmie Stephens in the June 26, 2025, meeting. (Photo by Solomon Crenshaw Jr.) Jimmie Stephens used his closing statement at Thursday’s meeting of the Jefferson County Commission to talk about a monumental business deal with national implications, including in Alabama. “Nippon Steel and U.S. Steel have merged, and Nippon Steel has become a very significant shareholder in U.S. Steel,” the commission president…

Trump's controlling stake in U.S. steel is indefensible socialist nonsense

U.S. Steel isn't just getting nationalized. It's getting…personalized? President Donald Trump will personally control the so-called "golden share" that his administration has forced U.S. Steel to accept as part of the terms of a deal that will see the previously private company get acquired by Japan-based Nippon Steel. It's an utterly absurd arrangement—one that will leave the federal government with a controlling share of U.S. Steel even after …

Trump now wields sweeping veto power over U.S. Steel. Here's how the 'golden share' works

President Donald Trump approved the merger of U.S. Steel with Japan's Nippon Steel only after the companies accepted the "golden share" arrangement.

U.S. Steel Stock Soars on Trump Victory. That Doesn’t Mean a Deal Is Likely.