The US doesn't run a surplus like most sovereign wealth funds. But Trump's order refers to trillions in existing assets.

A Treasury Department official has written a letter to federal lawmakers saying that a tech executive working with Elon ...

US President Donald Trump signs an executive order to create a sovereign wealth fund with Scott Bessent, US Treasury ...

Trump also signed five designations for special envoys -- including Steve Witkoff, Ric Grenell and Mark Burnett. He also ...

Will the Senate GOP confirm controversial picks like Tulsi Gabbard and RFK Jr.? Here’s the hearings schedule and list of ...

The Cantor Fitzgerald chair was grilled about prior bullish statements made about Tether during a recent Senate hearing.

President Donald Trump on Monday signed an executive order directing the U.S. to take steps to start developing a ...

Darren Beattie, a conservative journalist who was fired from the Trump administration in 2018 after revelations about his ...

Feature the new sovereign wealth fund that the president decreed today with a stroke of his Sharpie. “We have tremendous potential,” Mr. Trump says of the fund. No word yet, though, of any okay by ...

Tether Holdings Limited announced $13 billion in net profits for 2024, setting records in U.S. Treasury holdings and USD₮ ...

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

Republican Josh Hawley and Democrat Elizabeth Warren blame Silicon Valley for export-ban loopholes that China’s AI chatbot ...