Administration officials secured a deal that will give the president unusual influence over a private company, and could serve as a model for other deals.

President Donald Trump announced Thursday that he will gain control of U.S. Steel as part of a merger deal with Japan's largest steelmaker, according to The Associated Press. “We have a golden share,

President Donald Trump said the US government will retain a “golden share” in United States Steel Corp. after its purchase by Japan’s Nippon Steel Corp.