Though Trump did not explicitly indicate what the fund will be used for, he cited purchasing TikTok as one example.Start the ...

This institutional fund would “monetize the U.S. balance sheet for the American people,” Treasury Secretary Scott Bessent ...

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

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

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

Others point out that the sovereign wealth fund could offer the Trump administration a less onerous path to gain exposure to ...

President Donald Trump on Monday signed an executive order directing the U.S. to take steps to start developing a ...

President Donald Trump said Monday he would create a sovereign wealth fund, a pool of assets like those that exist in other ...

Donald Trump signed an executive order on Monday that called for the creation of a sovereign wealth fund, which he suggested ...

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

President Donald Trump on Monday signed an executive order directing the U.S. to take steps to start developing a ...

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