The US doesn't run a surplus like most sovereign wealth funds. But Trump's order refers to trillions in existing assets.

If created, the sovereign wealth fund could place the US alongside numerous other countries that have launched similar funds.

The US President suggested the fund could be used to buy the embattled social media app TikTok, as well as generate lucrative ...

President Donald Trump signed an executive order directing the Treasury and Commerce departments to set up a sovereign wealth ...

Trump issued an executive order for the creation of the nation's first sovereign wealth fund, which could be used to purchase ...

President Donald Trump on Monday signed an executive order directing the U.S. to take steps to start developing a ...

The sovereign wealth fund — a government-owned and-administered investment fund — will be the first ever established in the ...

President Trump on Monday directed secretaries to begin a process to create an American sovereign wealth fund, suggesting it ...

President Donald Trump on Monday ordered the creation of a government-owned sovereign wealth fund of financial assets, which ...

The president has kickstarted the creation of a national fund, which he says could buy the social media platform.

Trump’s plan for a U.S. sovereign wealth fund could reshape the economy, but funding and political risks raise questions.

Trump signs executive order for sovereign wealth fund, sparking speculation about potential US Bitcoin accumulation ...