U.S. Steel, Trump and Golden share
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President Trump on Friday cleared the way for Japan-based Nippon Steel to potentially acquire U.S. Steel, though details about the structure of the deal — including a possible "golden share" held by the federal government — remain unclear.
Pittsburgh's Action News 4 anchor Andrew Stockey sat down with Republican Senator Dave McCormick prior to his event in Pittsburgh's South Park neighborhood Monday.
The Trump administration's decision to secure a golden share in U.S. Steel as part of Nippon Steel's acquisition has raised concerns among foreign investors. The share grants the U.S. government veto power over key decisions,