President Trump Announces U.S. Sovereign Wealth Fund
Posted February 4, 2025
A Historic Opportunity for America’s Future
Yesterday, President Donald Trump signed an executive order establishing a U.S. Sovereign Wealth Fund (SWF), a groundbreaking move that could reshape the nation’s economic future. The fund, designed to invest in infrastructure, advanced technology, manufacturing, and other strategic industries, marks a significant departure from past U.S. policy. If managed wisely, it is certain to drive long-term economic growth, enhance national security, and strengthen America’s global leadership.
This is a moment of great significance—one that I have been advocating for over a decade. In The Money Revolution: How to Finance the Next American Century, I laid out the case for a large-scale government-backed investment program focused on future industries and technological innovation. Before that, in The Corruption of Capitalism (2009) and through numerous Macro Watch videos and blog posts, I have consistently argued that the United States must take a proactive approach to economic growth by investing in the industries of tomorrow rather than relying solely on financial speculation and short-term stimulus measures.
With the executive order now in place, the Treasury and Commerce Departments have 90 days to present a detailed plan for how the fund will be structured, financed, and managed. Several potential funding sources have been discussed, including monetizing federal assets, spectrum auctions, tariffs, and direct investment partnerships with the private sector. The key will be ensuring that this fund is structured for long-term growth, free from political interference, and guided by sound investment principles.
The establishment of a U.S. Sovereign Wealth Fund represents a major step toward securing America’s economic future. It will allow the country to make strategic investments that enhance productivity, create jobs, and drive innovation. More importantly, it will ensure that the benefits of economic growth are reinvested in America’s long-term prosperity rather than siphoned away through short-term speculation and debt-driven consumption.
U.S. citizens will directly benefit from such a fund because the government will retain an equity stake in the investments it makes. This means that Americans will collectively own a share of these investments, and as the companies funded by the SWF grow and become extraordinarily profitable, Americans will share in those profits. Beyond financial returns, the country will also reap the rewards of the groundbreaking technological advancements these investments will generate, shaping the future in ways that improve lives and strengthen the nation’s economic position.
For those who have been following Macro Watch, you know that this is precisely the type of policy shift I have long advocated. Now, as the details of this fund take shape, it is critical that we get it right. I will continue to provide updates and analysis on how this initiative unfolds and what it means for investors, policymakers, and the future of the U.S. economy.
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