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, ...

US President Donald Trump has signed an executive order directing the creation of a US sovereign wealth fund, with plans to ...

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 ...

An executive order the president signed Monday directs the secretaries of commerce and the treasury to deliver the plan ...

Sovereign wealth funds invest state or government money ... t have any significant natural resource revenue and has been operating under an annual budget deficit for more than two decades.

While the U.S. collects revenue through taxes and tariffs, it lacks the budget surplus that capitalizes most sovereign wealth funds, and instead has a considerable operating deficit. The executive ...

On Monday, President Donald Trump signed his latest executive order, to create the nation's first sovereign wealth fund ... strategies, fund structure, and a governance model." ...

The president suggested that the fund could be used ... the first-ever U.S. sovereign wealth fund. He then said that the fund could be used to keep TikTok operating in the United States, though ...