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

US President Donald Trump signed an executive order on Monday, directing the US Treasury and Commerce Departments to create a ...

President Trump on Monday directed secretaries to begin a process to create an American sovereign wealth fund, suggesting it ...

Investors were surprised by the news because the US runs a deficit and doesn’t have the finances needed for such a fund.

The new wealth fund could be used to finance major government projects and fund strategic investments in critical areas like supply chains.

The President signed an executive order to create a government investment fund that may purchase a major stake in the ByteDance-owned social media app.

President Donald Trump, Commerce Secretary-designate Howard Lutnick, and Treasury Secretary Scott Bessent discuss an ...

Trump signed an executive order Monday ordering the U.S. Treasury and Commerce Departments to create the fund. The president ...

President Donald Trump has signed a new executive order on Monday (February 3) to create a sovereign US wealth fund. Speaking ...

WASHINGTON: US President Donald Trump has signed an executive order to set up a sovereign wealth fund, which he says could be ...

A sovereign wealth fund is a vehicle that could use proceeds from U.S. national resources to make investments.