President Donald Trump on Monday made good on another campaign promise, signing an executive order to create the first-ever U ...

It is unclear how the United States, which already spends more money than it collects in taxes, would finance such a fund.

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

President Donald Trump said that the state-owned investment fund could possibly foot the bill to purchase TikTok under the ...

It’s not clear where the money to create the sovereign wealth fund is coming from, but Treasury Secretary Scott Bessent said the hope is to get it up within the next 12 months.

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

A sovereign wealth fund is a vehicle that could use proceeds from U.S. national resources to make investments.

President Donald Trump has signed an executive order that will create a sovereign wealth fund within the year that could ...

US President Trump signed an executive order on Monday to create a sovereign wealth fund, with the potential to buy TikTok.

The fund, which will require Congressional approval, is to be established by the Treasury and Commerce departments over the next 12 months.

President Donald Trump on Feb. 3 said he signed an executive order directing the Treasury and Commerce secretaries to ...

President Donald Trump has signed an executive order to establish a sovereign wealth fund for the United States. Such funds, ...