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

President Donald Trump on Monday signed an executive order directing officials to develop a plan for the creation of a U.S.

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

President Donald Trump on Monday signed an executive order ordering the U.S. Treasury and Commerce Departments to create a ...

Donald Trump signs Executive Order establishing the Sovereign Wealth Fund, which could profit from, and potentially purchase, ...

Sovereign wealth funds are investment vehicles owned by countries. Most act as an investment account, or as a development ...

President Donald Trump said Monday that TikTok could be acquired by a newly proposed US sovereign wealth fund.

A sovereign wealth fund is a vehicle that could use proceeds from U.S. national resources to make investments.

President Donald Trump on Monday signed an executive order directing the U.S. Treasury and Commerce departments to establish ...

Trump noted many other nations have such investment funds and predicted that the U.S. could eventually top Saudi Arabia’s ...

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

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