Home > Executive Order

AI Summary: This is a policy document (an executive order) that outlines a plan for establishing a United States Sovereign Wealth Fund. This regulation directs the Secretary of the Treasury and the Secretary of Commerce to develop a comprehensive plan for creating a sovereign wealth fund within 90 days. The fund's purpose is to maximize national wealth management for the benefit of American citizens, with goals including fiscal sustainability, reducing tax burdens, establishing economic security for future generations, and promoting U.S. economic and strategic leadership internationally. The plan must include recommendations for funding mechanisms, investment strategies, fund structure, and governance model, as well as an evaluation of legal considerations. The executive order specifies that the plan should be jointly submitted to the President and developed in close coordination with the Assistant to the President for Economic Policy. The document also includes standard legal provisions clarifying that the order does not impair existing agency authorities and is subject to applicable law and appropriations.