Tag: U.S. Sovereign Wealth Fund
-
Trump Establishes U.S. Sovereign Wealth Fund to Monetize National Assets
On February 3, 2025, President Donald Trump signed an executive order establishing the first-ever U.S. Sovereign Wealth Fund, a strategic move aimed at monetizing the nation’s assets to generate value for American citizens. This initiative, led by Treasury Secretary Scott Bessent and Commerce Secretary Howard Lutnick, seeks to transform underutilized federal assets into profitable investments…