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Trump announces US sovereign wealth fund
Trump wants a US sovereign wealth fund. Here's what that could mean.
President Donald Trump has tasked his Cabinet with coming up with a plan for a sovereign wealth fund.Such funds have grown enormously and usually manage surpluses, while the US runs a huge deficit.Still,
Trump signs order to create first-ever US sovereign wealth fund: Here's what to know
President Donald Trump on Monday made good on a campaign promise by signing an executive order to establish the first-ever U.S. sovereign wealth fund. He then said that the fund could be used to keep TikTok operating in the United States,
Why did Trump create a sovereign wealth fund?
Trump proposed setting up a fund that would finance "great national endeavors" including infrastructure projects while campaigning last year.
1d
on MSN
US sovereign wealth fund could buy TikTok, Trump says
The president has kickstarted the creation of a national fund, which he says could buy the social media platform.
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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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