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

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 made good on a campaign promise by signing an executive order to establish the first-ever ...

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

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

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

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

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

President Donald Trump signed an executive order Monday to begin the process of creating what would be the first U.S.

Should the U.S. create a sovereign wealth fund in line with President Donald Trump's executive order this week, it would be an unusual one among those already established by other countries.

Analysts caution the recently authorised fund could compete with Chinese state investment or buy overseas holdings like ...