President Donald Trump said it would establish a Sobulinwealth Fund on Monday. This is a pool of assets that exist in other countries, which can help the general public to pay regular funds.
However, the details of how the fund worked was not available immediately. Trump was announced at an elliptical office ceremony. He had an idea of creating such a fund during the 2024 presidential election.
Finance Secretary Scott Bessent provided a simple statement in an event explaining the outline of the fund.
“It’s a combination of fluid assets in this country and assets we are working to when we are working … to bring them out for the American people,” he said. Ta.
Trump said that Comers’ Secretary Howard Lutonic was also involved in the funding of the fund. Lutonic said on Monday that the fund could be used to help Tactoku inherited, but he did not provide details on how such efforts work.
“The US government’s extraordinary scale and size and businesses with companies should create value for American citizens,” Lutonic said. “If you buy a 2 billion Cobid vaccine, you will have some warrant to these companies, and you need to grow to help Americans.”
Norway has the world’s largest Soblinwealth Fund. Oil income is required and invests in assets such as stocks. The current net assets are equivalent to about $ 325,000 per Norwegian citizen.
Other countries with large -scale Soblin funds include China, Saudi Arabia, Australia, Iran and Russia.
Alaska and Texas also have a state -owned fund.
According to 2024 research from the Carnegie Fund for International Peace, if there is no appropriate protection such as governance or regulatory structure, the Sobulinwealth Fund may change to “corruption, money laundering, other illegal acts”. I understand that there is.
Fixed (February 3, 2025, 8:39 in the eastern standard time): The previous version of this article accidentally guided the estimate. Howard Lutonic said that the US government trading with a company, not Scott Bessent, should “create value in American citizens.”
