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

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

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 ...

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

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 Monday to begin the process of creating what would be the first U.S.

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

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

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