Trump Orders Sovereign Wealth Fund to Secure TikTok Purchase?

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What's Going On?
President Trump just signed an executive order to create a sovereign wealth fund, which might help buy TikTok!

Why Should You Care?
This fund could change how the US invests in technology, with potential impacts on national security and social media.

What Do We Know?

  • Trump wants to delay TikTok's ban for 75 days.
  • The fund will invest in stocks, bonds, and more.
  • It could lead to better infrastructure, research, and investments.
  • The plan still needs approval from Congress.
  • Trump had hinted about a sovereign wealth fund during his 2024 campaign.
  • Rep. Morgan McGarvey introduced a bill in 2024 to explore a US sovereign wealth fund creation.
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TikTok
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