Trump also said that if this fund goes through, the money in it could be used for something like buying TikTok. The app’s ...

US President Donald Trump announced last week the creation of the first American sovereign wealth fund. He had pledged during ...

President Trump is taking steps to overhaul the way the U.S. government invests its money and change the nature of America’s ...

President Donald Trump on Monday made good on another campaign promise, signing an executive order to create the first-ever U ...

So the best-case scenario is that Trump would like a slush fund that he could use to get out of political jams, and the worst ...

The US doesn't run a surplus like most sovereign wealth funds. But Trump's order refers to trillions in existing assets.

Even if this administration's heart is in the right place, do we really want another multi-billion-to-trillion-dollar fund to ...

President Donald Trump on Monday signed an executive order ordering the U.S. Treasury and Commerce Departments to create a sovereign wealth ... allowing current money to be deployed in a ...