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

President Donald Trump on Monday signed an executive order ordering the U.S. Treasury and Commerce Departments to create a ...

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

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

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 ...

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 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.

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.

There are over 90 such funds across the world, managing over $8 trillion in assets, according to the International Forum of ...