Financial Times on Nostr: Biden administration looking at setting up a US sovereign wealth fund ========== ...
Biden administration looking at setting up a US sovereign wealth fund
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Senior members of the Biden administration, including Jake Sullivan and Daleep Singh, have been working on proposals for a US sovereign wealth fund (SWF) for several months; the initiative aims to create a pool of capital to invest in strategic sectors; historically, the US has been cautious about sovereign wealth funds due to concerns over global trade distortion and unfair competition; the proposal has also been floated by Donald Trump.
#Biden #SovereignWealthFund #UsPolitics #JakeSullivan #DaleepSingh #Trump #Economics #Investment #GlobalTrade #Policy
https://www.ft.com/content/38bc9cf4-f820-444e-88e3-7b96a20b6591
==========
Senior members of the Biden administration, including Jake Sullivan and Daleep Singh, have been working on proposals for a US sovereign wealth fund (SWF) for several months; the initiative aims to create a pool of capital to invest in strategic sectors; historically, the US has been cautious about sovereign wealth funds due to concerns over global trade distortion and unfair competition; the proposal has also been floated by Donald Trump.
#Biden #SovereignWealthFund #UsPolitics #JakeSullivan #DaleepSingh #Trump #Economics #Investment #GlobalTrade #Policy
https://www.ft.com/content/38bc9cf4-f820-444e-88e3-7b96a20b6591