The U.S. government has a large trade deficit and budget deficit, thus unable to fund a National Crypto stockpile and a ...

The Treasury and Commerce Departments are drafting a plan detailing how a federal sovereign wealth fund might be structured, ...

US President Donald Trump has signed an executive order directing the creation of a US sovereign wealth fund, with plans to ...

Mongolia, Norway and Kuwait all have one. So too do Texas, Alaska and New Mexico. But a US fund to invest in projects of ...

The president said the fund could be used to help keep TikTok operating.

An executive order the president signed Monday directs the secretaries of commerce and the treasury to deliver the plan ...

The president suggested that the fund could be used ... the first-ever U.S. sovereign wealth fund. He then said that the fund could be used to keep TikTok operating in the United States, though ...

Sovereign wealth funds invest state or government money ... t have any significant natural resource revenue and has been operating under an annual budget deficit for more than two decades.

President Donald Trump signed an executive action he said would direct officials to create a sovereign wealth fund for the US ...

While the U.S. collects revenue through taxes and tariffs, it lacks the budget surplus that capitalizes most sovereign wealth funds, and instead has a considerable operating deficit. The executive ...

Designing a governance model raises questions about how much independence the sovereign wealth fund should have and how much government oversight is needed to align the sovereign wealth fund’s ...