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.

His approval capped a tumultuous 18-month effort that survived union opposition and two national security reviews.

President Donald Trump said Thursday that the U.S. will have a "golden share" in U.S. Steel after its deal with Japan's Nippon Steel closes. "We have a golden share, which I control, or the president controls,