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US has plans for sovereign wealth fund but no final decisions made, White House says

ReutersMay 7, 2025 11:40 PM

- The U.S. Treasury and Commerce departments have formulated plans for a sovereign wealth fund but no final decisions have been made, a White House spokesperson said on Wednesday.

"The Administration remains committed to using every tool available to deliver on President Trump’s directive to safeguard America’s national and economic security," the spokesperson said in a statement.

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