Instead of passing debt to future generations, we’d be giving them assets—and they’d have a real stake in America's success.

If reports are correct that former Morgan Stanley technology banker Michael Grimes is set to lead President Trump’s planned U ...

President Trump signed an executive order last week to create a sovereign wealth fund — something previously decried by both market-oriented conservatives and corporate-skeptic progressives.

Star technology investment banker Michael Grimes, who left Morgan Stanley to take up a senior role in the U.S. Commerce ...

Sovereign wealth funds are becoming the hottest thing in global finance. Indonesia launched its second state investment fund, the Daya Anagata Nusantara Investment Management Agency, or Danantara ...

While details of the proposed “sovereign wealth fund” aren’t due until early May, alarms should already be ringing in Congress. Exactly what problem the administration is trying to solve is ...

Increasingly, though, Trump is veering in Malaysia’s direction with his plan to create a sovereign wealth fund. Investors’ PTSD is being triggered as Trump risks orchestrating his own ...

President Donald Trump signed an executive order last week to create a sovereign wealth fund, similar to those of nations in the Middle East, Europe and Asia. The funds, which typically use ...

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 ...

Donald Trump and his Treasury secretary have signaled their support for a sovereign wealth fund. Joe Biden and Kamala Harris also discussed it. But is it a good idea? Today on the show ...