Trump Signs Executive Order to Establish American Sovereign Wealth Fund

Articles

Summary

Trump orders the creation of a U.S. sovereign wealth fund. Here's what that means.

Sovereign wealth funds generally use a nation's reserves and invest the funds to generate returns, which can be used to address deficits, pay down debts or bolster savings.

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CBS News

Trump orders creation of US sovereign wealth fund, says it could own part of TikTok

President Donald Trump on Monday signed an executive order directing the U.S. to take steps to start developing a government-owned investment fund that he said could be used to profit off of TikTok if he's successful at finding it an American buyer.

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WCVB

Trump signs order to create new 'sovereign wealth fund'

Such funds are often used by nations with commodities that can be invested to hedge volatility and secure investment gains.

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Daily Mail

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News Results

Trump Floats Idea That TikTok Could Be Bought by New U.S. Sovereign Wealth Fund

The popular social video app has around 170 million American users. Trump signed an executive order that directed the U.S. Treasury and Commerce Departments to launch a government-owned investment fund. The American sovereign fund could be used to take a stake in TikTok, the president said.

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7m ago

Trump signs order establishing a sovereign wealth fund that he says could buy TikTok

President Donald Trump on Monday signed an executive order that outlines plans to for a government-run sovereign wealth fund. Among the aims for the fund would be developing infrastructure such as airports and highways. The fund could help the U.S. extend its influence in areas such as Panama and Greenland.

MIDDLE

9m ago

"Great Strategic Importance" - Bitcoin Rallies As Trump Signs 'Sovereign Wealth Fund" Executive Order

President Trump signs executive order to create a sovereign wealth fund for the US. Treasury Secretary Scott Bessent and nominee for Commerce secretary Howard Lutnick will spearhead the effort. The fund could be used to facilitate the sale of TikTok, which could be sold to the US government.

RIGHT

9m ago

Trump Issues Executive Order Establishing Fund to Possibly Buy TikTok

President Donald Trump signed an executive order to establish a government-owned sovereign wealth fund. The fund could be used to profit from video sharing app TikTok if an American buyer chooses to purchase it. During the 2024 campaign, Trump considered creating such a fund. During a signing ceremony in the Oval Office, he announced the move.

RIGHT

9m ago

Trump moves to create sovereign wealth fund, eyeing TikTok: What to know

President Donald Trump signed an executive order on Monday to create what he described as a sovereign wealth fund. Trump believes he could use TikTok to create an SWF if he finds an American buyer. He's said he's looking for the U.S. to take a 50% stake in the social media platform.

MIDDLE

9m ago

Trump moves to develop sovereign wealth fund to 'create value for American citizens'

The fund would be a pool of assets that exist in other countries. It could be used to help pay out regular funds to ordinary citizens. Trump made the announcement in an Oval Office executive-order signing ceremony. He had floated the idea of creating such a fund during his presidential campaign.

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10m ago

Trump signs executive order to create sovereign wealth fund

By Trevor Hunnicutt

LEFT

4h ago

Trump Signs Executive Order Creating U.S. Sovereign Wealth Fund—Suggests TikTok Might Be Put In It

President Donald Trump signed an executive order Monday establishing a sovereign wealth fund for the United States. The fund is a state-owned fund that can invest in stocks, real estate, bonds, hedge funds and more to build a pool of money that can be used to insulate the government from economic stress.

MIDDLE

2h ago

Rupert Murdoch And Larry Ellison Watch As Donald Trump Meets Press In Oval Office And Signs Executive Order To Create Sovereign Wealth Fund

Donald Trump signed an executive order to create a sovereign wealth fund. He said it may be used to help set up a purchase of TikTok. Congress overwhelmingly passed legislation to try to force China-based ByteDance to sell TikTok’s U.S. operations, or face a ban on app stores.

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3h ago

Trump's Ambitious Executive Order: A New Sovereign Wealth Fund

U.S. President Donald Trump signed an executive order to establish a fund to help the needy. The fund will provide financial assistance to those who need it the most. It will also provide a source of income for those who can't afford to pay for it. The funds will be available for up to five years.

MIDDLE

4h ago

Trump: New American Sovereign Wealth Fund Could Invest in TikTok

President Donald Trump signed an executive order that creates an American sovereign wealth fund. Trump said the fund could invest in TikTok. The order was posted by the White House's official “rapid response” account, Rapid Response 47. The fund will be created within 12 months, Treasury Secretary Scott Bessent said.

MIDDLE

2h ago

Trump signs executive action to create sovereign wealth fund

Trump signs executive action to create sovereign wealth fund. Follows through on idea floated during presidential campaign. Treasury Secretary Scott Bessent says the fund will be created in the next 12 months. It's unclear how the wealth fund would be funded, and it's unclear if it will be taxpayer-funded.

MIDDLE

3h ago