Trump Uses 'Golden Share' to Prevent U.S. Steel Plant Shutdown
TL;DR
The White House intervened to prevent US Steel from shutting down processing at its Illinois plant, citing national security concerns linked to a deal with Nippon Steel, and indicated it would exercise its 'golden share' authority to keep the plant operational.
- The White House says it blocked US Steel's decision to stop processing steel at Illinois plant Yahoo Finance
- Trump wields ‘golden share’ to halt U.S. Steel plant shutdown, WSJ reports CNBC
- Exclusive | Trump Invokes ‘Golden Share’ to Block U.S. Steel Plans for Illinois Plant The Wall Street Journal
- US Steel restarts Granite City plant production KSDK
- Trump Invokes ‘Golden Share’ to Keep Steel Mill Running. What It May Mean for These Stocks. Barron's
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