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

President Donald Trump issued an executive order on Monday, assigning the Treasury and Commerce departments the task of formulating a plan for a national sovereign wealth fund. This isn't the ...

MUSCAT, Aug. 2 (Xinhua) -- The assets of Oman's sovereign wealth fund, the Oman Investment Authority (OIA), have reached 17.9 billion Omani rials (about 46.5 billion U.S. dollars) in 2022 ...

"We're going to create a lot of wealth for the fund, and I think it's about time this country had a sovereign wealth fund," the president told reporters in the Oval Office Monday, calling the news ...

Sovereign wealth funds invest state or government money. They’re typically created from budget surpluses or revenues from oil or other commodities. By Maureen Farrell While he was campaigning ...

The U.S. Treasury and Commerce Departments will establish a sovereign wealth fund in accordance with a new executive order President Donald Trump signed on Monday. The sovereign wealth fund ...

President Donald Trump signed an executive order Monday directing his administration to set up a sovereign wealth fund (SWF) for the United States, which the White House says "will help maximize ...

An icon in the shape of a lightning bolt. Impact Link President Donald Trump floated the idea of buying TikTok with an American sovereign wealth fund, which he signed an executive order on Monday ...

WASHINGTON — President Trump signed an executive order Monday to create a sovereign US wealth fund — saying that TikTok may become one of its first acquisitions. A sovereign wealth fund is an ...

Trump Orders Creation of US Sovereign Wealth Fund, Says It Could Buy TikTok By Trevor Hunnicutt and Pete Schroeder WASHINGTON (Reuters) -U.S. President Donald Trump signed an executive order on ...

He said Monday in the Oval Office that TikTok, which is owned by China-based ByteDance, was an example of what he could put in a new U.S. sovereign wealth fund. “We might put that in the ...