President Personally Writes Letter to U.S. Steel's Top Lawyer
Published Date: 11/25/2025
Presidential Document
Summary
President Trump is making sure U.S. Steel stays strong and secure by appointing government officials to keep a close eye on the company. The Under Secretary of Commerce and a new government director will now help oversee U.S. Steel’s U.S. factories and operations. This move keeps American steel production safe and steady, with these roles lasting as long as the officials stay in their government jobs.
Analyzed Economic Effects
2 provisions identified: 2 benefits, 0 costs, 0 mixed.
Under Secretary Named Government Designee
On November 20, 2025, the President designated the Under Secretary of Commerce for International Trade, William Kimmitt, as the President's designee to exercise the authorities in Article IV(B) Section 7 of U.S. Steel's Sixth Amended and Restated Certificate of Incorporation. The designation is effective as of the letter and will last for as long as William Kimmitt remains an employee of the United States Government.
Government Appoints Class G Director to U.S. Steel
On November 20, 2025, the President exercised the exclusive right of the Golden Share to appoint and elect one Class G director of U.S. Steel and appointed David Shapiro, Chief Counsel of the Department of Commerce's Investment Accelerator, as the United States Government's Class G Director under Article IV(B) Section 4. This appointment remains in effect unless the President directs otherwise and lasts so long as Mr. Shapiro remains a U.S. Government employee.
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