Instead of passing debt to future generations, we’d be giving them assets—and they’d have a real stake in America's success.

Scott Bessent offered thoughts on how SWF implementation can impact the GSEs and even housing categories across the country.

President Donald Trump's plan to create a sovereign wealth fund for future generations could face a host of challenges as the ...

Among the tie-ups highlighted on Friday was a partnership between UAE sovereign wealth fund ADQ, which is chaired by Sheikh ...

Sovereign wealth funds are usually the strategic resources of petrostates with budget surpluses, not diverse, debt-heavy economies like the United States. That should change. Instead of managing ...

But there are a few problems — namely, it’s never been done in a democracy as complex as the United States. Perhaps the most well-known sovereign wealth fund, an investment fund created by a ...

We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation ...

but almost half the U.S. states do. Indeed, the earliest precursor of a national sovereign wealth fund was established in the United States: in 1803, Ohio created a land trust to finance public ...

have criticized the prospect of a U.S. sovereign wealth fund. Former Treasury Secretary Larry Summers blasted the suggestion last September and pointed to the United States’ “big budget ...

Photo: Win McNamee/Getty Images If reports are correct that former Morgan Stanley technology banker Michael Grimes is set to lead President Trump’s planned U.S. sovereign wealth fund, or SWF ...