Instead of passing debt to future generations, we’d be giving them assets—and they’d have a real stake in America's success.

If you think BlackRock’s ESG is bad, why invent a mightier tool for political interference in markets?

Star technology investment banker Michael Grimes, who left Morgan Stanley to take up a senior role in the U.S. Commerce ...

We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation ...

It is the policy of the United States to maximize the stewardship of our national wealth for the sole benefit of American ...

Indonesia, the Philippines and the city of Hong Kong all recently launched new funds. Now Trump's U.S. wants one too.

But there are a few problems — namely, it’s never been done in a democracy as complex as the United States. Perhaps the most well-known sovereign wealth fund, an investment fund created by a ...

President Donald Trump signed an executive order last week to create a sovereign wealth fund, similar to those of nations in the Middle East, Europe and Asia. The funds, which typically use ...

Michael Grimes has reportedly been recruited to lead the sovereign wealth fund being pushed by U.S. President Donald Trump – he is known as a key dealmaker in the investment realm and also for his ...

President Trump’s executive order calling for creating a U.S. sovereign wealth fund (SWF ... Singapore and the Gulf states — the United States does not have surplus revenue to invest.

but almost half the U.S. states do. Indeed, the earliest precursor of a national sovereign wealth fund was established in the United States: in 1803, Ohio created a land trust to finance public ...

Dealmaker Michael Grimes Expected to Lead New US Sovereign Wealth Fund, Sources Say By ... country's budget surplus to make investments, but the United States operates at a deficit.