Washington — President Trump on Monday took the first steps toward his administration creating a government-owned investment fund, tasking the heads of the Treasury ... the U.S. balance sheet ...
President Donald Trump has ordered his Secretary of the Treasury and the Secretary of Commerce to come up with a plan for establishing the nation’s first sovereign wealth fund. According to the ...
Treasury Secretary Scott Bessent told reporters the fund would be set up within the next 12 months. "We're going to monetize the asset side of the U.S. balance sheet for the American people ...
Feb 3 (Reuters) - President Donald Trump on Monday signed an executive order ordering the U.S. Treasury and Commerce Departments to create a sovereign wealth fund for the United States.
Impact Link Three federal employee unions have accused the Treasury Department of giving ... Group and the State Democracy Defenders Fund. "Federal laws protect sensitive personal and financial ...
The Washington Post first r eported that Bessent was taking over the CFPB. Bessent, a former hedge fund executive, was sworn in as treasury secretary last week. The White House, the Treasury ...
More than 20 states in the U.S. already have their versions of a sovereign wealth fund, Alaska's being the largest.
The Treasury Department was sued by a coalition ... The suit was filed by the Public Citizen Litigation Group, State Democracy Defenders Fund, the Alliance for Retired Americans, the American ...
The president put Treasury Secretary Scott Bessent and Howard Lutnick, Trump’s pick for Commerce Secretary, in charge of laying the groundwork for creating a the fund, which would likely require ...
WASHINGTON (TNND) — President Donald Trump has tasked his new treasury and incoming commerce secretaries with developing plans for a U.S. sovereign wealth fund ... of the U.S. balance sheet ...
Sen. Elizabeth Warren (D-Mass.) sent a letter to Treasury Secretary Scott Bessent on Monday demanding to know what access Elon Musk was given to the federal payments system and what safeguards ...