Donald Trump wants to create a U.S. sovereign wealth fund. All experience shows this would basically be a cronyism machine.

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 surplus ...

US President Donald Trump announced last week the creation of the first American sovereign wealth fund. He had pledged during ...

Mubadala Investment Company, the sovereign wealth fund for Abu Dhabi’s government, bought $436 million in Bitcoin ETF shares.