President Donald Trump has exercised his administration’s “golden share” authority to prevent the shutdown of a U.S. Steel plant in Granite City, Illinois.‘Golden Share' VetoThe “golden share” grants veto power over certain corporate actions, a condition set by the White House for approving Nippon Steel’s NPSCY $14.1 billion acquisition of U.S. Steel in June.This power was used to stop the planned closure of the Granite City plant, which employs 800 workers, according to a report by The Wall Street Journal. ...