Trump proposes U.S. sovereign wealth fund for economic growth

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The White House | The White House

Trump proposes U.S. sovereign wealth fund for economic growth

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President Donald J. Trump has announced plans to establish a sovereign wealth fund for the United States. The initiative aims to enhance long-term economic competitiveness and fiscal sustainability by optimizing the management of national wealth.

The proposed fund is intended to support national projects and stimulate economic growth. President Trump emphasized its purpose, stating it would be used "to invest in great national endeavors for the benefit of all of the American people."

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