Trump Signs EO to Establish U.S. Sovereign Wealth Fund

February 3, 2025

President Donald J. Trump Orders Plan for a United States Sovereign Wealth Fund

Washington, D.C. – In a historic move, former President Donald J. Trump has signed an Executive Order directing federal officials to craft a plan for the creation of a U.S. Sovereign Wealth Fund. This bold initiative aims to leverage the country’s vast financial and natural assets to promote long-term economic growth, fiscal sustainability, and global economic leadership.

The order mandates that the Secretary of the Treasury and the Secretary of Commerce deliver a comprehensive plan within 90 days. Their recommendations will cover funding mechanisms, investment strategies, governance models, and potential structures for the fund. They will work closely with the Office of Management and Budget and the White House’s economic policy team to develop the proposal.

A Vision for Long-Term Prosperity

Sovereign wealth funds—state-owned investment entities designed to generate wealth for future generations—have been successfully implemented in countries like Norway, Singapore, and the United Arab Emirates. Trump’s initiative seeks to position the United States as a global leader in this space, using its estimated $5.7 trillion in federal assets and vast natural resource reserves to generate greater long-term returns.

“This fund will ensure that American wealth is maximized for the benefit of our citizens,” Trump said in a statement. “It will strengthen our economy, reduce tax burdens on families and businesses, and enhance our nation’s global standing.”

Strategic Investments for National Growth

The fund, once established, could be used to finance major national initiatives, from infrastructure development to energy expansion and technological innovation. The Trump administration has emphasized that the fund will align with the former president’s economic policies, including fair trade, energy independence, and pro-business tax reforms.

With sovereign wealth funds already in place across 23 U.S. states—managing a combined $332 billion in assets—Trump’s plan mirrors a model that has seen success domestically. Internationally, the U.K. recently announced similar plans, further underscoring the relevance of such financial vehicles in securing long-term national prosperity.

While details on funding sources and governance structures remain to be finalized, this Executive Order signals a significant shift in U.S. economic strategy—one that could reshape the nation’s financial future for generations to come.