Establishment of American Sovereign Wealth Fund

SOURCE www.breitbart.com
President Trump signed an executive order to establish an American sovereign wealth fund, with the goal of monetizing U.S. assets for the benefit of American citizens. The fund will include a mix of liquid assets and may potentially involve partnerships with companies like TikTok. The idea was suggested in a book by Joel Pollak.

Key Points

  • Establishment of a sovereign wealth fund in the U.S.
  • Inclusion of liquid assets
  • Potential partnerships with companies like TikTok
  • Suggested in Joel Pollak's book 'The Agenda: What Trump Should Do in His First 100 Days'

Pros

  • Monetizing U.S. assets for the benefit of American citizens
  • Potential for growth and value creation through partnerships with companies

Cons

  • Uncertainty around the inclusion of cryptocurrencies in the fund
  • Possible risks associated with investing in specific assets