Trump has issued an executive order for the creation of the nation's first sovereign wealth fund, which could be used to purchase TikTok.
Trump has demanded a plan to create a sovereign wealth fund to invest in global assets – ‘perhaps with TikTok’, he said.
Trump also said that if this fund goes through, the money in it could be used for something like buying TikTok. The app’s ...
The sovereign wealth fund — a government-owned and-administered investment fund — will be the first ever established in the ...