8 hours ago · Trump orders creation of US sovereign wealth fund, says it could own part of TikTok. 1 of 6 | President Donald Trump speaks after signing an executive order in the Oval Office of the White House, Monday, Feb. 3, 2025, in Washington. ... more than 20 sovereign wealth funds exist at the state level, according to analysis from the Center for ...

6 hours ago · TikTok is on the clock to find a non-Chinese owner or be banned in the United States. President Donald Trump has suggested creating a US sovereign wealth fund that could acquire the app.

7 hours ago · Trump’s idea of using the new wealth fund to buy TikTok built off his earlier mention of a joint venture that gives the U.S. a 50 percent stake in the app. | Evan Vucci/AP ... Sovereign wealth ...

5 hours ago · What is a sovereign wealth fund? A sovereign wealth fund is a government-owned fund that includes investments in foreign assets. In the case of TikTok, the newly ordered fund could be used to ...

8 hours ago · Topline. President Donald Trump signed an executive order Monday establishing a sovereign wealth fund for the United States and hinted TikTok could be put in the fund, following through on a ...

9 hours ago · The idea has some bipartisan support—President Joe Biden also considered creating a sovereign wealth fund, and Representative Morgan McGarvey, a Kentucky Democrat, last year introduced a bill to ...

7 hours ago · He said Monday in the Oval Office that TikTok was an example of a possible investment target for a new U.S. sovereign wealth fund. “We might put that in the sovereign wealth fund, whatever we ...

7 hours ago · There are over 90 such funds across the world managing over $8 trillion in assets, according to the International Forum of Sovereign Wealth Funds. TikTok, which has about 170 million American ...

1 day ago · A new American sovereign wealth fund could acquire ownership in the popular social media app TikTok, President Donald Trump said Monday.. Trump signed an executive order that directed the U.S ...

6 hours ago · Sovereign wealth funds can be used for a wide range of goals, CGD noted, such as stabilizing prices or funding domestic policy goals. Other funds operate more like traditional investment funds and ...