Trump has demanded a plan to create a sovereign wealth fund to invest in global assets – ‘perhaps with TikTok’, he said.

Other countries have sovereign wealth funds and they’re much smaller countries and they’re not the United States,” Trump said.

Trump proposed setting up a fund that would finance "great national endeavors" including infrastructure projects while ...

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

Sovereign wealth funds are investment vehicles owned by countries. Most act as an investment account, or as a development ...

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