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Planet Money

The President's Golden Share in U.S. Steel

28 min episode · 2 min read
·
Sarah Bauerly Danseman,The President's Golden

Episode

28 min

Read time

2 min

Topics

Economics & Policy

AI-Generated Summary

What It Covers

Trump approves US Steel's sale to Japanese company Nippon Steel with unprecedented government control through a "golden share" arrangement affecting operations.

Notable Moment

White House spokesperson explains calling it golden share because "golden national security agreement outlining provisions didn't have the same ring to it."

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