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President Trump Establishes First U.S. Sovereign Wealth Fund

by Sonia Park
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President Trump Establishes First U.S. Sovereign Wealth Fund

In a historic move, President Donald Trump has signed an executive order to create the United States' first sovereign wealth fund. Announced during a ceremony in the Oval Office, the President emphasized the fund's potential to bolster national investments in infrastructure, medical research, and other critical sectors.

https://youtu.be/WHXHWfJssK0

Sovereign wealth funds are state-owned investment entities that manage national assets to generate wealth for future generations. Countries like Norway, China, and Saudi Arabia have long utilized such funds to invest in various assets globally. The U.S., despite its economic. . .

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