The Treasury and Commerce Departments are drafting a plan detailing how a federal sovereign wealth fund might be structured, ...
After all, the history of sovereign wealth funds is not without failed attempts. Take Malaysia’s 1MDB, which was usurped for political and personal gain and became a multibillion-dollar corrupti ...
Journal Editorial Report: The week's best and ... which is why President Trump’s proposal Monday to create a new sovereign wealth fund deserves to die in Congress. His executive order included ...
And there can also be non-financial considerations. Though this is more controversial, sovereign wealth funds can be used to finance political or diplomatic priorities or to spread a country's ...
the door is left wide open for rapacious managers and political elites to misappropriate investment earnings,” said the Sovereign Wealth Funds: Corruption and Other Governance Risks report.
"promote the long-term financial health and international leadership of the United States." America's new sovereign wealth ...
President Donald Trump wants to create a U.S. sovereign wealth fund, but launching such a fund ... “The United States, given its complex political landscape and the necessity to align its ...
As the order tells us, "sovereign wealth funds exist around the world as mechanisms ... a council to review FEMA operations and root out political bias.
Indeed, sovereign wealth funds (SWFs) have been loosely understood ... Bitcoin holdings or remain symbolic gestures will depend on political will, regulatory clarity and market conditions.
not for any one person or political party. The question now is whether the U.S. will heed the lessons from Norway's massive success. A well-managed sovereign wealth fund could provide stability ...
Greenspan was explicitly against a sovereign wealth fund, but he needn’t have worried. Over the next two-and-a-half decades the federal government paid for tax cuts, a war, more tax cuts ...