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Trump is making plans for a sovereign wealth fund. Alaska already has one, and it's funding a universal basic income.

Summary by Business Insider
Donald Trump is making good on his campaign promise to start a sovereign wealth fund.Andrew Harnik/Getty ImagesPresident Trump ordered the Treasury and Commerce departments to plan a sovereign wealth fund.At the Economic Club of New York in September, Trump hinted at plans for a US sovereign wealth fund.The cabinet could model it after the Alaska Permanent Fund, which gives annual payments to residents.President Donald Trump issued an executive …

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http://coinprofitnews.com broke the news in on Tuesday, February 4, 2025.
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