President Trump employs 'Golden Share' to prevent closure of U.S. Steel plant, according to WSJ

Written by Emily J. Thompson, Senior Investment Analyst

Updated: Sep 19 2025

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Trump Administration's Intervention: The Trump administration has exercised its authority to prevent U.S. Steel from shutting down production at an Illinois plant this fall.
Impact on U.S. Steel Operations: This decision reflects the administration's influence over corporate operations and its commitment to maintaining jobs in the steel industry.

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.