Trump orders launch of US sovereign wealth fund

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Trump orders launch of US sovereign wealth fund

//politics-government.news-articles.net/content/ .. p-orders-launch-of-us-sovereign-wealth-fund.html

Published in Politics and Government on Tuesday, February 4th 2025 at 22:00 GMT by MSN
^{🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source}

Last year Norway's fund posted a return of 13 percent, bringing its total value to $1.75 trillion. "The extraordinary size and scale of the US government and the business it does with companies should create value for American citizens," said Trump's ...

2025-02-04 195 x 130 / 5093 Bytes

The article from MSN discusses former President Donald Trump's proposal to establish a U.S. sovereign wealth fund, as outlined in his campaign's "America First" policy agenda. This fund would be seeded with assets from the Strategic Petroleum Reserve, federal land, and other government properties. The aim is to generate revenue for the U.S. Treasury, reduce the national debt, and fund infrastructure projects. Trump's plan includes selling off federal assets at what he claims would be market or above-market rates, potentially involving public-private partnerships. Critics argue that this could lead to the privatization of public assets, potentially benefiting private investors at the expense of public interest. The proposal reflects Trump's broader economic strategy to leverage national assets for financial gain, a move that has sparked debate over the implications for national security and economic policy.

Read the Full MSN Article at:
[ https://www.msn.com/en-ph/politics/government/trump-orders-launch-of-us-sovereign-wealth-fund/ar-AA1ymWPZ ]