The U.S. government has a large trade deficit and budget deficit, thus unable to fund a National Crypto stockpile and a ...

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

Mongolia, Norway and Kuwait all have one. So too do Texas, Alaska and New Mexico. But a US fund to invest in projects of national interest needs to be free of political interference.

Could the United States soon be joining the likes of Norway, Kuwait and Mongolia in having a national reserve to invest on ...

Designing a governance model raises questions about how much independence the sovereign wealth fund should have and how much government oversight is needed to align the sovereign wealth fund’s ...

Indeed, sovereign wealth funds ... fluctuations and preserve wealth for future generations. New Mexico’s Severance Tax Permanent Fund follows a similar model, reinvesting severance tax revenues ...

The clock is ticking for Treasury Secretary Scott Bessent and incoming Commerce Secretary Howard Lutnick to deliver a plan for the creation of the first-ever American sovereign wealth fund.

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 has given the Departments of the Treasury and Commerce 90 days to come up with a plan to establish a sovereign wealth ... fund structure and a governance model.

The American Sovereign ... wealth fund. The Order directs the Secretary to include in the plan recommendations for funding mechanisms, investment strategies, fund structure, and a governance model.