The White House launches America's first federal sovereign wealth fund. The initiative positions the US to compete with global government investment powerhouses.

A sovereign wealth fund is a state-run investment vehicle that uses surplus funds to invest in a country's future. Learn how ...

REUTERS The president has suggested shares of TikTok could be held by a planned US sovereign wealth fund. A rep for ByteDance confirmed Friday that the company “has been in discussion with the U ...

Said order directed Treasury Secretary Scott Bessent and Commerce Secretary Howard Lutnick (who are as Wall Street as they come) to conjure up a made-in-the-USA sovereign wealth fund (SWF ...

and the president has floated giving a share to his planned US sovereign wealth fund. Candidates to take over a majority stake in TikTok include Oracle, Amazon and even adult content clearinghouse ...

Not to worry, TikTok fans. The app is sticking around ... of Treasury and Commerce to deliver a plan within 90 days for the ...

The fight to ban TikTok is far from over. It started in 2019, when U.S. legislators first started banning TikTok from government devices, but it reached a fever pitch in 2024 when then-President ...

Additionally, in early February, President Trump mentioned that with the creation of the sovereign wealth fund, he was “going to be doing something perhaps with TikTok,” further hinting at the ...

Additionally, in early February, President Trump mentioned that with the creation of the sovereign wealth fund, he was “going to be doing something perhaps with TikTok,” further hinting at the ...

“Not only that, we're delivering a massive, 100 day win for President Trump by creating the sovereign wealth fund. We are donating 5% of our TikTok bid, 5% of $50 billion to the sovereign wealth fund.