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.

Joseph Bankman is the Ralph M. Parsons professor of law and business at Stanford Law School. Mark P. Gergen is the Robert and Joann Burch D.P. professor of tax law and policy at the University of California at Berkeley School of Law.

President Donald Trump has set a bold plan in motion for America’s financial future — one that mirrors the strategies of oil-rich nations and resource-heavy economies: a sovereign wealth fund. On February 3,

On his first day back in the White House, Trump signed an executive order directing the Treasury secretary and commerce secretary to come up with a plan to create a sovereign wealth fund. And he gave them 90 days to finish the task.

In a bold move, former President Donald Trump proposed the creation of a sovereign wealth fund, sparking debate over its potential impact on Social Security.

After decades of Washington telling Asia to improve economic fundamentals, it’s Asia’s turn to worry the U.S. is trashing its own.

On his first day back in the White House, President Donald Trump issued a flurry of executive orders that could significantly impact retirees' finances. Learn More: 9 Ways Your Estate

Donald Trump wants the US to establish a sovereign wealth fund – and no wonder. Norway’s, one of the biggest and best known in the world, aims to “safeguard and build financial wealth for future generations”,

Watch on LiveTube Now 👉 Video: Live: President Donald Trump meets tech leaders and Saudi Sovereign Wealth Fund members in Florida President Donald Trump is scheduled to attend a meeting of global financiers and tech executives hosted by Saudi Arabia's ...