US media report the government's "golden share" in US Steel after it's acquired by Nippon Steel will give the White House significant sway over the company's management.

Pittsburgh's Action News 4 anchor Andrew Stockey sat down with Republican Senator Dave McCormick prior to his event in Pittsburgh's South Park neighborhood Monday.

President Trump on Friday cleared the way for Japan-based Nippon Steel to potentially acquire U.S. Steel, though details about the structure of the deal — including a possible "golden share" held by the federal government — remain unclear.

Companies fulfill Trump’s requirements for deal Agreement includes US$11 billion (RM46 billion) in new investments Nippon Steel says it will take 100 per cent stake in