President Trump’s ‘Golden Share’ Veto Halts U.S. Steel Plant Closure
President Trump’s ‘Golden Share’ Veto Halts U.S. Steel Plant Closure President Donald Trump’s administration has swiftly deployed its newly established “golden share” authority, directly intervening to prevent U.S. Steel from closing its Granite City, Illinois plant. This unprecedented move overrides the company’s recent plans to cease operations and signals a significant expansion of government influence over private industrial decisions. The “golden share,” essentially a veto power over specific corporate actions, was a critical condition for White House approval of Japan’s…