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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 ...

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(NewsNation) — President Donald Trump signed an executive order directing the U.S. to start developing an American sovereign wealth fund. What is it, what other countries have them, and what ...

Trump, who raised the idea of a sovereign foreign wealth fund during his campaign to be president, said at the time that it could be funded by "tariffs and other intelligent things." Bessent said ...

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