Trump's 'Golden Share' Allegedly Hinders US Steel's Illinois Plant Development Plans
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Sep 20 2025
0mins
Should l Buy ?
Source: SeekingAlpha
US Steel Plant Closure Blocked: The White House intervened to prevent US Steel from closing its Granite City, Illinois plant, utilizing a "golden share" authority granted to President Trump during the company's acquisition by Nippon Steel.
Government Influence in Private Sector: Commerce Secretary Howard Lutnick's actions reflect the Trump administration's increasing influence over private companies, as seen in recent government investments in Intel and Nvidia.
Trade with 70% Backtested Accuracy
Stop guessing "Should I Buy ?" and start using high-conviction signals backed by rigorous historical data.
Sign up today to access powerful investing tools and make smarter, data-driven decisions.
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.
