
HARRISBURG, Pa. (AP) — New disclosures with the U.S. Securities and Exchange Commission show that President Donald Trump will control the so-called “golden share” that’s part of the national security agreement under which he allowed Japan-based Nippon Steel to buy out iconic American steelmaker U.S. Steel. The provision gives the Trump the power to appoint a board member and have a say in company decisions that affect domestic steel production and competition with overseas producers. Under the provision, Trump — or someone he designates — controls that decision-making power while he’s president. However, control over those powers reverts to the Treasury Department and the Commerce Department when anyone else is president, according to the filings.