Trump uses 'golden share' to halt U.S. Steel's Illinois plant plans, according to WSJ.
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Sep 19 2025
0mins
Source: Reuters
Trump Administration Intervention: The Trump administration used its "golden share" authority to block U.S. Steel's plan to shut down production at a plant in Illinois.
Reversal of Shutdown Decision: Following the intervention, U.S. Steel announced it would not proceed with the planned shutdown, which would have affected nearly 800 workers.
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.
