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Trump creates US sovereign wealth fund
What is a sovereign wealth fund? Explaining Trump’s executive order.
President Donald Trump’s executive order to create a plan for a U.S. sovereign wealth fund would follow those of Norway, Saudi Arabia, China and others.
Trump Calls for Wealth Fund in Executive Order
It is unclear how the United States, which already spends more money than it collects in taxes, would finance such a fund.
Trump Signs Executive Order Creating U.S. Sovereign Wealth Fund—Suggests TikTok Might Be Put In It
It’s not clear where the money to create the sovereign wealth fund is coming from, but Treasury Secretary Scott Bessent said the hope is to get it up within the next 12 months.
FOX 5 New York on MSN
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Trump moves to create sovereign wealth fund, eyeing TikTok: What to know
A sovereign wealth fund is a vehicle that could use proceeds from U.S. national resources to make investments.
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The Newest, Biggest Investment Fund: The United States Government?
Sovereign wealth funds invest state or government money. They’re typically created from budget surpluses or revenues from oil ...
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