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Trump signs order creating first-ever US sovereign wealth fund

3 hours ago 1

 President Trump signed an Executive Order on Monday creating a sovereign wealth fund, honoring another promise he made on the 2024 campaign trail.

The sovereign wealth fund will be the first ever established in the US.

Trump had said during the campaign at the Economic Club of New York that the money would be brought in through tariffs and “other intelligent things.”

Donald Trump signs an executive order to create a US sovereign wealth fund, in the Oval Office of the White House on February 3, 2025Donald Trump signs an executive order to create a US sovereign wealth fund, in the Oval Office of the White House on February 3, 2025AFP via Getty Images
The fund will be used to invest in highways, airports, manufacturing hubs, medical research and more, he said at the time.

https://nypost.com/2025/02/03/us-news/trump-signs-order-creating-first-ever-us-sovereign-wealth-fund/

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  3. Trump signs order creating first-ever US sovereign wealth fund

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