A Plan for Establishing a United States Sovereign Wealth Fund

Feb 10, 2025

Summary

Directs top officials to create a plan for a national savings and investment fund to help the country's finances and its people.

What problem does this solve?

The country is not managing its national wealth to best help its citizens, which could lead to higher taxes and an insecure future. This order requires the government to create a plan for a national investment fund to grow wealth and secure the economy.

What does this order do?

Plan for a sovereign wealth fund

Requires the Secretary of the Treasury and the Secretary of Commerce to develop a plan for creating a U.S. sovereign wealth fund.

Goals of the national fund

States the fund's purpose is to improve financial stability, lower taxes for families and businesses, and secure the economy for the future.

Required plan components

Specifies the plan must include ideas for funding, investment strategies, fund structure, and a governance model, plus a legal review.

Who does this affect?

American citizens
Federal government agencies
U.S. businesses

What is the real world impact?

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Strengthens national financial health

Aims to create a national investment fund to grow the country's wealth, which could help lower taxes for families and businesses and provide economic security for future generations.

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Centralizes economic power

Creates a powerful government-controlled investment fund, which critics might worry could be used for political goals or face risks of mismanagement, potentially harming the economy.

When does this start?

This order takes effect on February 3, 2025, and includes a key deadline for action.

Plan submission deadline

The plan for the sovereign wealth fund must be submitted to the President within 90 days of February 3, 2025.