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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.

President Trump on Monday directed secretaries to begin a process to create an American sovereign wealth fund, suggesting it could partially own the popular app TikTok. The president signed an ...

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Photo: Evan Vucci/Associated Press President Trump on Monday signed an executive order to create a U.S. sovereign-wealth fund and suggested the fund could be used in unlocking a deal to keep ...

(Bloomberg) -- 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 ...