Latest in Wealth Fund Trump
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Trump moves to develop sovereign wealth fund to 'create value for American citizens'
President Donald Trump said Monday he would create a sovereign wealth fund, a pool of assets like those that exist in other countries that can help pay out regular funds to ordinary citizens.NBC News - 12h -
Trump signs order establishing a sovereign wealth fund that he says could buy TikTok
The fund would serve as an economic development tool and perhaps be used to buy TikTok.CNBC - 14h -
Trump Orders Creation of U.S. Sovereign Wealth Fund, Says It Could Buy TikTok
It came in the form of an executive order, but it was unclear how such a wealth fund would work.Inc. - 17h -
What is a sovereign wealth fund and why is Trump creating one now?
Designed to invest in the national interest, sovereign wealth funds are typically funded by countries rich in natural resources and it is unclear how a US fund would operate or be financed. Donald ...The Guardian - 9h -
Judge maintains block on Trump administration's funding freeze
A group of nonprofits challenged the Trump administration's freeze on federal assistance.CBS News - 15h -
Judge extends block on Trump’s federal funding freeze
A federal judge in Washington, D.C., extended a block on President Trump’s widespread federal funding pause amid concerns the administration was still moving ahead despite two previous court orders ...The Hill - 15h -
5 things to know about Trump's plan to create a sovereign wealth fund
President Trump is taking steps to overhaul the way the U.S. government invests its money and change the nature of America’s financial presence abroad. The president signed an executive order ...The Hill - 16h -
Trump: Sovereign wealth fund could 'perhaps' do something with TikTok
President Trump signed an executive order to work towards establishing a "sovereign wealth fund," and hinted it could potentially be used to make deals with businesses like TikTok.NBC News - 18h -
Trump signs order to create US sovereign wealth fund, eyeing TikTok purchase
President Trump on Monday directed secretaries to begin a process to create an American sovereign wealth fund, suggesting it could partially own the popular app TikTok. The president signed an ...The Hill - 18h -
Trump orders creation of a U.S. sovereign wealth fund
President Trump is directing his commerce and treasury secretaries to create what's called an American sovereign wealth fund.CBS News - 18h -
Trump signs order to create sovereign wealth fund that could buy TikTok
President decrees US treasury and commerce departments to create fund after delaying ban of ByteDance-owned app. Donald Trump signed an executive order on Monday ordering the US treasury and ...The Guardian - 18h -
Trump administration funding freeze blocked by federal judge
A federal judge in Rhode Island has formally blocked the Trump administration's spending freeze, saying in it is likely a violation of the Constitution.ABC News - 3d -
Federal judge temporarily blocks Trump's funding freeze
A memo from the Office of Management and Budget ordering a freeze on federal assistance sparked confusion across the country earlier this week.CBS News - 3d -
Trump rearms for another fight to axe federal funding
While the Trump administration intends to ax funding for initiatives it views as out of step with its priorities, it didn’t mean to blow up funding for a broader suite of programs.Politico - 4d -
Inslee on Trump's federal funding freeze reversal
Former Washington Gov. Jay Inslee joined CBS News with his take on President Trump's memo calling for a freeze of certain federal aid. The move was later blocked by a judge and the White House has ...CBS News - 5d -
What’s shielding Big Tech stocks like Nvidia in this market, according to the world’s biggest wealth fund
Managers of Norway’s Government Pension Global Fund are resigned to living with tech’s high concentration risk but say stocks like Nvidia have some bubble protection due to this one factor.MarketWatch - 5d -
World’s largest sovereign wealth fund reports record $222 billion annual profit on tech rally
Norway’s sovereign wealth fund reported its full-year earnings on Wednesday.CNBC - 6d -
Democrats Find a Voice in Opposition to Trump’s Funding Halt
In their first unified opposition to President Trump, Democrats across the ideological spectrum accused him of preying on the nation’s most vulnerable citizens by denying them government aid.The New York Times - 6d -
Judge temporarily halts Trump's federal funding freeze
A federal judge in Washington, D.C., temporarily halted President Trump's federal funding freeze on Tuesday to allow further litigation. Nancy Cook, senior national political correspondent for ...CBS News - 6d -
Trump's funding freeze creates widespread confusion
The Trump administration's abrupt freeze on nearly all federal grants and loans has created widespread confusion.NBC News - 6d -
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Backlash in Congress over Trump's federal funding memo
Senate Minority Leader Chuck Schumer (D-NY) reacted to President Trump's memo calling for a pause in federal funding for certain programs. CBS News' Nikole Killion has more.CBS News - 6d -
Lawmakers react to Trump ordering federal funding freeze
President Trump's memo calling for a freeze on federal funding for all public loans, grants and other aid is getting sharp criticism from lawmakers on Capitol Hill. CBS News' Nikole Killion reports.CBS News - 6d -
Trump administration targets thousands of programs in funding freeze
A new memo from the Office of Management and Budget reveals the potential scope of the Trump administration's plans to freeze federal funding.Politico - 6d -
Trump bans funding for groups that aid abortion overseas
President Trump signed an order reinstating what's known as the Mexico City Policy. Critics say it will cut funding essential for health care in developing nations.CBS News - Jan. 24 -
Trump signs actions curtailing federal funding for abortion
President Trump on Friday took a pair of actions to limit U.S. government funding for abortions, reversing some of the Biden administration's efforts to increase access to the procedure. Trump ...The Hill - Jan. 25 -
World's biggest sovereign wealth fund warns markets at risk from tariff-fueled inflation
"If you look at the risk to financial markets, I think inflation is for sure one, all driven by tariffs."CNBC - Jan. 21 -
Taiwan lawmakers risk alienating Trump with defence funds freeze
US president has claimed Washington is providing ‘insurance’ for TaipeiFinancial Times - Jan. 21 -
Saudi wealth fund ramps up efforts to tap ETF investors
Public Investment Fund stumps up $200mn as seed investor in SSGA’s Europe-listed bond fund in support of Vision 2030Financial Times - Jan. 21 -
Wealth of US ‘oil-garchs’ went up 15% in nine months as industry figures plan Trump inauguration party
Oil and gas firms have given more than $75m to Trump’s campaign and stand to benefit from his ‘drill, baby drill’ plan. As Joe Biden warns in his farewell address as president that “an oligarchy is ...The Guardian - Jan. 18 -
Sam Altman claps back at Senate inquiry into Trump inaugural fund donation
OpenAI CEO and co-founder Sam Altman clapped back at two Democratic senators' inquiry into his $1 million personal donation to President-elect Trump's inaugural fund, quipping Friday he was not ...The Hill - Jan. 17 -
The Guardian view on Biden’s warning of oligarchy: Trump and the malefactors of wealth | Editorial
The outgoing president was right, in his farewell address, to warn of the dangers posed by the billionaires around the table. . Aristocrats are “the most difficult Animals to manage, of anything in ...The Guardian - Jan. 16 -
Biden Trump-proofs $74bn in climate funding but $20bn remains vulnerable
Allocation of funds from Inflation Reduction Act makes it harder for president-elect to halt green initiatives. The Biden administration has raced to allocate $74bn of funding for climate ...The Guardian - Jan. 14 -
Microsoft contributes $1 million to Trump's inauguration fund
Microsoft would like President-elect Donald Trump to make sure that U.S. artificial intelligence policy in the next four years will support its goals.CNBC - Jan. 9 -
Google and Microsoft donate $1m each to Trump’s inaugural fund
Tech giants follow footsteps of other major companies, including Amazon, Meta, OpenAI and Uber. Google and Microsoft have donated $1m each to Donald Trump ’s inauguration fund, following in ...The Guardian - Jan. 9 -
Johnson says no cuts to Social Security and Medicare to fund Trump's agenda
House Speaker Mike Johnson said cuts to Social Security and Medicare won't be part of the legislative plan being worked out to fund President-elect Donald Trump's agenda.ABC News - Jan. 7 -
Hims & Hers donates $1 million to Trump's inauguration fund
OpenAI CEO Sam Altman and Meta both announced $1 million donations, and Amazon and Apple CEO Tim Cook have also reportedly contributed.CNBC - Jan. 7 -
Trump backtracks from 'one big, beautiful bill' to fund his agenda
After nearly derailing a spending bill last month, Trump continues to shake up business on Capitol Hill, shifting positions on how Republicans should fund his policies.ABC News - Jan. 6 -
FirstFT: Private equity to lobby Trump as industry seeks to tap retirement funds
Also in today’s newsletter, China’s equity markets extend poor start to the year and accountancy’s Gen Z problemFinancial Times - Jan. 6 -
Private equity to lobby Trump for access to savers’ retirement funds
Industry hopes incoming administration will open long-restricted private investments to individual investorsFinancial Times - Jan. 6