President Donald Trump has appointed two Department of Commerce officials to oversee U.S. Steel under the golden share agreement reached with Japan's Nippon, according to a letter posted Monday in the Federal Register .

Trump approved U.S. Steel's controversial acquisition by Nippon in June after securing veto rights over key business decisions under a golden share arrangement. U.S. Steel stopped trading on the New York Stock Exchange that same month after the acquisition was completed.

Trump holds the veto powers covered by the golden share as U.S. president, but he can also designate someone else to wield those authorities as his representative if he wants. The president appointed William Kimmitt, Under Secretary of Commerce for International Trade, as his designee in a letter

See Full Page