“President Donald Trump signed an executive action he said would direct officials to create a sovereign wealth fund for the US, following through on an idea he floated during the presidential campaign,” Bloomberg reports.
“The text of the document Trump signed was not immediately available, and it’s unclear how the wealth fund — which Trump pledged on the campaign trail would be ‘the greatest sovereign wealth fund of them all’ — would be funded.”
Reuters: Trump says newly created US sovereign wealth fund could buy TikTok.

