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Letter From the President to United States Steel Corporation Senior Vice President, General Counsel and Secretary Scot Duncan
President Donald J. Trump issued a letter to Scot Duncan, Senior Vice President of U.S. Steel, emphasizing the importance of the company's operations for national security. The letter outlines the President's authority over U.S. Steel through the ownership of a "Golden Share," which allows oversight of the company's activities under a National Security Agreement. The President designated William Kimmitt, Under Secretary of Commerce for International Trade, to oversee U.S. Steel's compliance with this agreement. Additionally, Trump appointed David Shapiro, Chief Counsel of the Department of Commerce's Investment Accelerator, as the Class G Director of U.S. Steel, a position that grants the government a direct role in the company's governance.
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