All the challenges Trump faces in creating an American sovereign wealth fund

Published February 24, 2025 8:00am ET



Sovereign wealth funds have been around for generations, and President Donald Trump wants the federal government to join in on the trend. 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 government, is Saudi Arabia’s Public Investment Fund, which manages about $925 billion in assets. The funds can invest in anything, including real estate, infrastructure, hedge funds, and corporations, with the purpose of benefiting the country’s economy. 

Trusted reporting.Unlimited access.

Subscribe for full access to Washington Examiner coverage, expert political analysis, and subscriber-only journalism.

Get Unlimited Access

Already a member? Log in

Cancel anytime.