On Feb. 3, 2025, Trump issued an executive order calling for the creation of a U.S. sovereign wealth fund. This was not entirely unexpected. After all, the idea had been floated in September 2024 ...

Photo: Mario Cantu/Andrea Renault/Zuma Press/Jemal Countess/Getty Images for Fortune Media Now here’s an idea: Leverage federal ... to create a new sovereign wealth fund deserves to die in ...

I'll be frank. The phrase "sovereign wealth fund" sounds boring, and given everything else going on right now, I'm sure you'd rather skip this column and go right to the one about the Republican who ...