The US doesn't run a surplus like most sovereign wealth funds. But Trump's order refers to trillions in existing assets.

Other countries have sovereign wealth funds and they’re much smaller countries and they’re not the United States,” Trump said.

A Treasury Department official has written a letter to federal lawmakers saying that a tech executive working with Elon ...

Trump also signed five designations for special envoys -- including Steve Witkoff, Ric Grenell and Mark Burnett. He also ...

President Trump has nominated Neil Jacobs, a former National Oceanic and Atmospheric Administration (NOAA) official involved ...

President Donald Trump on Monday signed an executive order directing the U.S. to take steps to start developing a ...

WASHINGTON (AP) — President Donald Trump has nominated Neil Jacobs to lead the National Oceanic and Atmospheric ...

U.S. president Donald Trump has signed an executive order that will create a sovereign wealth fund, sparking speculation it ...

More than 20 states in the U.S. already have their versions of a sovereign wealth fund, Alaska's being the largest.

President Donald Trump has nominated Pierre Gentin, chief legal officer of consulting firm McKinsey & Co, to serve as general ...

Governor Phil Scott says his team will focus on the facts, not the rhetoric, regarding directives from the Trump ...

An executive order the president signed Monday directs the secretaries of commerce and the treasury to deliver the plan ...