Tom Ellsworth
@bizdocpodcast·63.4K subscribers·1.6K videos
Trump Orders Creation of America’s FIRST Sovereign Wealth Fund
Posted
February 4, 2025
Views
4,805
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156
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24
Engagement
3.75%
February 4, 2025
4,805
156
24
3.75%
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2:14Now PlayingPresident Donald Trump has signed an executive order to establish the first-ever U.S. sovereign wealth fund within a year, a move that could facilitate the purchase of TikTok by the U.S. government. The fund aims to generate long-term returns by investing in various assets, although the U.S. lacks the budget surpluses typically used to finance such funds.
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