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Forbes: Trump Proposes Sovereign Wealth Fund For U.S.—What To Know About The State-Owned Budget

Trump made the proposal during a speech at The Economic Club of New York, questioning why the U.S. does not have a sovereign wealth fund and saying his administration would make the country’s own fund “to invest in great national endeavors for the benefit of all of the American people.”

Read More: Trump Proposes Sovereign Wealth Fund For U.S.—What To Know About The State-Owned Budget