Trump's Proposed US Sovereign Wealth Fund

President Trump issued an executive order in February 2025 to create a massive U.S. sovereign wealth fund, aiming to stabilize the economy and generate wealth for future generations. The plan, spearheaded by Treasury Secretary Bessent and Commerce Secretary Lutnick, seeks to raise funds through tariffs and asset sales, with a potential initial investment in TikTok. While mirroring successful international models, the initiative faces hurdles, including securing congressional approval and addressing the nation's budget deficit. The fund's potential size, estimated to exceed $2 trillion, makes it a significant and potentially controversial undertaking.