“US President Donald Trump signed a decree on Monday to establish a sovereign funds for the next year. Source: Reuters Details: The publication also states that Trump also stated that “potentially buy” TikTok.”, – WRITE: www.pravda.com.ua
US President Donald Trump signed a decree on Monday to establish a sovereign funds for the next year.
Source: Reuters
Details: The publication also states that Trump also stated that “TikTok’s” Appendix can “potentially buy”.
Literally Reuters: “In the case of creating a sovereign US Fund, they can become in a number with many other countries, including the Middle East and Asia, which have created similar funds for direct investment at the expense of public funds.”
Details: The publication adds that the decree does not specify the details of the Fund’s work. It refers to the Ministries of Finance and Trade within 90 days to submit a plan for the creation of such a fund, including recommendations on “financing mechanisms, investment strategies, fund structure and management model”.
Creating such a fund is likely to require Congress approval.
Trump has already talked about such a state investment instrument as a presidential candidate, saying that he could finance “big national endeavors”, including infrastructure projects, such as the construction of highways and airports, production and medical research.
Administration representatives did not report how the Fund would operate, but Trump had previously stated that it could be funded by “tariffs and other reasonable things.”
US Finance Minister Scott Bessent told reporters that the Fund would be established within the next 12 months.
Direct language Bessent: “We are going to monetize the active part of the US balance for the American people. It will be a combination of liquid assets, assets we have the country and work to make them accessible to the American people.”