Perspective | Howard Lutnick, CEO of Steel
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Sep 23 2025
0mins
Should l Buy ?
Source: WSJ
Trump's Approval and Conditions: President Trump approved Nippon Steel's acquisition of U.S. Steel with the stipulation that the federal government would have veto power over management decisions.
Government Intervention: U.S. Steel announced it would continue operations at its Granite City, Ill. plant after intervention from Commerce Secretary Howard Lutnick, who indicated the administration would use its veto power to prevent the plant's closure.
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About the author

Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.





