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Trump Creates Sovereign Wealth Fund
What is a sovereign wealth fund? Explaining Trump’s executive order.
President Donald Trump’s executive order to create a plan for a U.S. sovereign wealth fund would follow those of Norway, Saudi Arabia, China and others.
Why did Trump create a sovereign wealth fund?
Trump proposed setting up a fund that would finance "great national endeavors" including infrastructure projects while campaigning last year.
Trump Calls for Wealth Fund in Executive Order
It is unclear how the United States, which already spends more money than it collects in taxes, would finance such a fund.
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on MSN
Trump signs order creating first-ever US sovereign wealth fund —and TikTok could be its first purchase
The sovereign wealth fund — a government-owned and-administered investment fund — will be the first ever established in the ...
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The Newest, Biggest Investment Fund: The United States Government?
Sovereign wealth funds invest state or government money. They’re typically created from budget surpluses or revenues from oil ...
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