Trump Signs Executive Order to Create US Sovereign Wealth Fund #latestnews #todaynews

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President Trump signed an executive order in 2025 to create a sovereign wealth fund, aiming to generate value for American citizens through a federally owned investment vehicle. The fund, similar to those in countries with stronger fiscal health, would invest in various financial assets. The administration was tasked with developing a plan within 90 days. There were discussions about potentially using the fund to acquire TikTok, although specific details were not provided.
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