Trump now wields sweeping veto power over U.S. Steel. Here's how the 'golden share' works
1. Trump wields veto power over U.S. Steel decisions via a 'golden share'. 2. The 'golden share' power transfers to government departments after Trump. 3. U.S. Steel merged with Nippon Steel, becoming a subsidiary effective June 18. 4. Veto power includes controlling closures, investments, and operational decisions. 5. Shares of U.S. Steel will be delisted by June 30, 2025.