President Donald Trump has signed an executive order establishing a U.S. sovereign wealth fund, a government-managed financial entity designed to stimulate economic growth and potentially invest in high-profile ventures. The initiative aims to leverage national assets to fund infrastructure projects, including highways and airports.
Treasury Secretary Scott Bessent announced that the administration intends to operationalize the fund within a year, emphasizing plans to monetize the U.S. balance sheet for public benefit. While specifics remain unclear, the fund is expected to comprise a mix of liquid and domestic assets. Unlike traditional sovereign wealth funds, which are often backed by revenue from natural resources, carbon taxes, or financial transactions, the U.S. model has yet to be fully defined..
One investment that was mentioned by the president, however, raised some eyebrows, wrote CNN.
President Donald Trump said Monday that TikTok could be acquired by a newly proposed US sovereign wealth fund.
The statement was light on details, but Trump said that TikTok could be “put in” the possible sovereign wealth fund, to preserve access to the popular short-form video app in the United States.
“Other countries have sovereign wealth funds,” Trump said, as he signed an executive order directing American officials to set up such a fund in the United States, modeled after state-owned investment funds in countries such as Norway and Saudi Arabia, which direct their national budgets into financial assets such as stocks, bonds and real estate.
“As an example, TikTok, we’re going to be doing something, perhaps, with TikTok and perhaps not. If we make the right deal, we’ll do it. Otherwise we won’t,” Trump said. “And we might put that in the sovereign wealth fund, whatever we make. Or if we do a partnership with very wealthy people. A lot of options.”
Trump recently granted a temporary 75-day reprieve, during which it is expected to sever ties with Chinese ownership.
CNBC explained that sovereign wealth funds are commonly established by nations with budget surpluses—such as Norway, China, and Singapore—the concept is largely unprecedented in the United States, which has traditionally relied on issuing Treasury debt to finance government spending. Advocates argue that a well-managed fund could strengthen America’s global competitiveness and reduce reliance on borrowing, while critics warn of governance challenges, potential mismanagement, and corruption risks.
Currently, Norway’s sovereign wealth fund, valued at over $1.7 trillion, is the world’s largest, followed by China’s $1.3 trillion fund. These funds typically invest in a range of assets, including stocks, bonds, infrastructure, and private equity. However, concerns about oversight remain, as poorly regulated sovereign funds can create conflicts of interest and financial instability.
As details of the U.S. sovereign wealth fund continue to unfold, its success will depend on its structure, funding mechanisms, and the level of support from Congress and the public.
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If so will TT become part of Big Tech??
Wer dont need more Censorship