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

Should the U.S. create a sovereign wealth fund in line with President Donald Trump's executive order this week, it would be an unusual one among those already established by other countries.

The Trump administration has launched multiple initiatives to support cryptocurrency innovation and establish a sovereign ...

Robert F. Kennedy Jr. paid nearly $1 million to settle a sexual misconduct case brought by one of the employees at his ...

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

In separate negotiations, Canadian Prime Minister Justin Trudeau and Mexican President Claudia Sheinbaum have agreed with U.S ...

Sovereign wealth funds invest state or government money. They’re typically created from budget surpluses or revenues from oil ...

Trump drafts order to begin dismantling the Department of Education, seeking executive and congressional action to eliminate ...

What to do about TikTok? President Trump has a suggestion. He's saying the U.S. could take the money it gets from tariffs on ...

There are a couple of elements at play around why people are responding so negatively to the news of the Trump sovereign wealth fund.

US President Donald Trump signs an executive order to create a sovereign wealth fund with Scott Bessent, US Treasury ...

Trump also signed five designations for special envoys -- including Steve Witkoff, Ric Grenell and Mark Burnett. He also ...