Michael Lee Strategy Michael Lee describes President Donald Trumps Executive Order to create a US Easney & Co
President Donald Trump signed a great command to set up the United States economic fund, which will help raise the stewardship of our country. “
The EO guides the Secretary of Scott Bessent and the Commerce secretary of the Howard Lutnick to launch the program within 90 days to create a Fund Fund.
So what is the nearest resources bag, and how do we work?
President Donald Trump offers his Caltuurural address in the US Capitol Rosthola in Jan. 20th, 2025, Washington, DC (Chip Somodevilla / Pool / AFP with Getty / Getty Photos)
Surverges of Surverig Bealths are planted vehicles held by the countries. Most act as an investment account, or as a development tool, or a combination of this. They are designed to be a nesting egg, allowing current fees to be used in a way that benefits future generations.
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Unlike pension fees where people withdraw money on their spending needs, the SWFs should invest in the acquisition of the United Nation.
That can mean such things as the construction of the airport or school. But the SWFs also often invest in financial products and shopping stakes, which can provide financial benefits in the future and pay for a government budget or social programs.
Trump has signed a great command for Tiktok 90 days to comply with the law you need to be different from the Chinese Finance Owner or close the operation. (Getty / Getty Pictures)
Trump suggested that the US can take 50% of the Tiktok pole, for example, which will be in the next SWF.
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There are such a total of 90 such investments, carrying more than $ 8 trillion in property, according to the State of State Finance. United Kingdom has just announced its pursuit of the SWF.
In the US, 23 learned their money that managed $ 332 billion in the goods, according to the White House.
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Usually, one or all of the world budget is transmitted to the SWF, it can use new money.
However, the US continues the budget deficiency in recent years.
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Many funds are organized by the industrialized countries of powerful shipping, and from oil, natural gas, equipment and minerals for sale of government-owned companies. About 60% of funds are funded from income from the Environmental resources, according to the National Treasure forum.
Reuters impacted this report.
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