President Donald Trump said Monday that TikTok could be acquired by a newly proposed US sovereign wealth fund.

President Donald Trump on Monday ordered the creation of a government-owned sovereign wealth fund of financial assets, which ...

President Donald Trump said that the state-owned investment fund could possibly foot the bill to purchase TikTok under the ...

It’s not clear where the money to create the sovereign wealth fund is coming from, but Treasury Secretary Scott Bessent said the hope is to get it up within the next 12 months.

In his announcement, Trump emphasized that this new fund could be utilized for negotiating the purchase of TikTok, a social media platform that has gained immense popularity, especially among younger ...

President Donald Trump signed an executive order that outlines plans to for a government-run sovereign wealth fund to serve ...

A newly signed executive action would see the strategic fund created in the next 12 months, with the scion of Apollo founder ...