Trump's EO to create a US sovereign wealth fund says it will “invest in great national endeavors” - but does not mention foreign investments

Similar funds - Saudi's PIF, UAE's Mubadala, Russia's RDIF are a key part of buying influence for corrupt governments

This will likely be a massive citizen-funded slush fund for Trump's admin to curry favor with US and foreign governments and oligarchs without the spending oversight of congress

#Trump #PIF #Mubadala #RDIF

https://www.whitehouse.gov/fact-sheets/2025/02/fact-sheet-president-donald-j-trump-orders-plan-for-a-united-states-sovereign-wealth-fund/