President Joe Biden and former President Donald Trump disagree on many points about how to run the economy, but they have at least one idea in common: the U.S. should. After Mr. Trump’s remarks, the White House indicated that senior officials had been quietly working for months on a proposal for a sovereign wealth fund that Mr. Biden and. “We’ll create America’s own sovereign wealth fund,” Trump said, “to invest in great national endeavors for the benefit of all of the American people. Why don’t we have a wealth. Both President Biden and former President Trump are piqued by the idea of a sovereign wealth fund for the United States. It may seem like an odd proposition for a country. Former President Donald Trump in a speech to business leaders on Thursday called for the creation of a U.S. sovereign wealth fund, a government-owned investment fund,.
After Mr. Trump’s remarks, the White House indicated that senior officials had been quietly working for months on a proposal for a sovereign wealth fund that Mr. Biden and. President-elect Donald Trump's team wants the U.S. International Development Finance Corp (DFC) to function more like a sovereign wealth fund and be an effective tool for.
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