Trump Wields Veto Power over U.S. Steel's Major Decisions via 'Golden Share'
Summary
Former President Trump wields sweeping veto power over major decisions at U.S. Steel, including plant closures and wage cuts, through a 'golden share' that transfers to government agencies after his presidency.
Key Points
- Trump holds sweeping veto power over major U.S. Steel decisions through a 'golden share'
- Trump's veto power covers areas like plant closures, wage cuts, and investment decisions
- After Trump leaves office, the 'golden share' transfers to the Treasury and Commerce Departments