A sovereign wealth fund often serves as a vehicle to invest a government’s budget surplus. The U.S. doesn’t have that luxury.

President Donald Trump has decided to create a sovereign wealth fund for the US, calling it an issue “of great strategic ...

When you buy through links on our articles, Future and its syndication partners may earn a commission. President Donald Trump holds a marker as he signs an executive order to create a US sovereign ...

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

President Trump signed an executive order last week to create a sovereign wealth fund — something previously decried by both market-oriented conservatives and corporate-skeptic progressives.

U.S. President Donald Trump signs an executive order to create a U.S. sovereign wealth fund on Feb. 3, 2025 Jim Watson/AFP via Getty Images Could the United States soon be joining the likes of ...

nominee Howard Lutnick (R), speaks to the press as he signs an executive order to create a US sovereign wealth fund. President Donald Trump signed an executive order last week, setting in motion ...

PRESIDENT DONALD TRUMP: We're going to create a lot of wealth for the fund. And I think it's about time that this country had a sovereign wealth fund. MARTIN: But what exactly is a sovereign ...