💨 Abstract

President Trump has signed an executive order to create a sovereign wealth fund, which may include the purchase of TikTok. The fund aims to monetize U.S. assets and finance national endeavors like infrastructure, manufacturing, and medical research. Details on its operation and financing are yet to be revealed. The fund is expected to be operational within the next 12 months.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖