Trump Wants America's Own Sovereign Wealth Fund — But What Is It Anyway?

President Donald Trump has called for the creation of a sovereign wealth fund (SWF) "in order to promote the long-term financial health and international leadership of the United States." But what ... Read More

Is Intel ‘investment’ Trump’s first step toward a U.S. sovereign wealth fund?

The United States has no surplus, running average deficits of 7% of GDP over the same period. Gross U.S. debt is roughly $37 trillion, with Congress flirting with adding another $116 trillion over the ... Read More

U.S. could take stakes in more companies, Trump adviser says

Kevin Hassett said the Trump administration's piece of chipmaker Intel is "like a down payment on a sovereign wealth fund." ... Read More

Trump Pushes for More Intel-Style Deals With CHIPS Act Funding

After securing a 10% stake in Intel through CHIPS Act funding, Trump has said he wants “more deals like that all day long.” The plan could expand into a national sovereign wealth fund, with possible ... Read More

A Sovereign Wealth Fund for the US Is a Great Idea, Actually

The Intel investment could be a start, but we must think hard about how such corporate funding can be fair for taxpayers and transparent. Read More

Most Sovereign Wealth Funds Are Poor Performers. The U.S. May Still Get One.

With its 9.9% stake in Intel, and covetous glances at other chip makers and defense firms, President Donald Trump’s administration seems on its way to having an accidental sovereign-wealth fund. The ... Read More

The U.S. stake in Intel may be the beginning of a U.S. sovereign wealth fund, Hassett says (updated)

The U.S. government's 10% stake in Intel (NASDAQ:INTC) may form the base of a U.S. sovereign wealth fund, Kevin Hassett, director of the National Economic Council, said in a broadcast interview on ... Read More

Trump Wants America's Own Sovereign Wealth Fund — But What Is It Anyway?

President Trump signed an executive order instructing economic officials to develop a plan for a U.S. sovereign wealth fund. The largest sovereign wealth fund in the world is Norway’s Government ... Read More