On February 3, 2025, Donald Trump signed an executive order to establish the first U.S. sovereign wealth fund (SWF) to manage and grow national assets.
- Establishment & Goals: The government has 90 days to propose a plan, aiming for full implementation within 12 months. Investments may include infrastructure, medical research, and even acquiring TikTok.
- Funding Sources: Unlike other countries with budget surpluses, Trump suggested using tariff revenues to finance the fund.
- Challenges: Ensuring transparency, minimizing market disruptions, and securing sustainable funding remain key concerns.
The creation of a U.S. SWF is a bold move that could have significant economic implications.