Effectively, it's a government-run hedge fund that invests in assets like stocks, bonds, real estate, and infrastructure.

President Donald Trump’s executive order to create a plan for a U.S. sovereign wealth fund would follow those of Norway, ...

Trump’s executive order creates a sovereign wealth fund to invest in key sectors and possibly acquire TikTok. Here’s how ...

The Treasury and Commerce Departments are drafting a plan detailing how a federal sovereign wealth fund might be structured, ...

Trump also said that if this fund goes through, the money in it could be used for something like buying TikTok. The app’s ...

President Donald Trump’s order for the proposed fund calls for a plan within 90 days that details the vehicle’s purpose, ...

Tucked into the stack of the more than 50 executive orders President Trump has signed since taking office is the plan to ...

Trump proposed setting up a fund that would finance "great national endeavors" including infrastructure projects while ...

President Trump is directing his commerce and treasury secretaries to create what's called an American sovereign wealth fund.

US President Donald Trump announced last week the creation of the first American sovereign wealth fund. He had pledged during ...

President Trump is taking steps to overhaul the way the U.S. government invests its money and change the nature of America’s ...

President Donald Trump has signed an executive order to create the U.S.’s first sovereign wealth fund, aiming to invest in infrastructure, medical research, and possibly acquire TikTok ...