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

President Donald Trump’s order for the proposed fund calls for a plan within 90 days that details the vehicle’s purpose, ...

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

Trump’s executive order creates a sovereign wealth fund to invest in key sectors and possibly acquire TikTok. Here’s how ...

Trump says his US sovereign wealth fund will ‘create a lot of wealth’ — but critics counter it’s ‘preposterous’ President ...

Tucked into the stack of the more than 50 executive orders President Trump has signed since taking office is the plan to ...

President Donald Trump’s executive order to create a plan for a U.S. sovereign wealth fund would follow those of Norway, ...

Saudi Crown Prince Mohammed bin Salman and Russia's sovereign wealth fund chief Kirill Dmitriev were involved in negotiations ...

Trump proposed setting up a fund that would finance "great national endeavors" including infrastructure projects while ...

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

President Trump is directing his commerce and treasury secretaries to create what's called an American sovereign wealth fund.

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