Donald Trump Signs Executive Order to Create U.S. Sovereign Wealth Fund

This is an executive ░░░░░░░░ Discharges your Secretary of ░░░░░░░░ Treasury Scott Besson and ░░░░░░░░ secretary of commerce Howard ░░░░░░░░ to begin a process ░░░░░░░░ will hopefully result in ░░░░░░░░ of American sovereign wealth ░░░░░░░░ It s very exciting ░░░░░░░░ We re gonna have ░░░░░░░░ Sovereign Wealth Fund which ░░░░░░░░ ve never had We ░░░░░░░░ lot things create wealth ░░░░░░░░ you seeing over last ░░░░░░░░ weeks I think created ░░░░░░░░ wealth Other people have ░░░░░░░░ de wealth the people ░░░░░░░░ predecessors We ve creating ░░░░░░░░ lot of wealth Scott ░░░░░░░░ you d like to ░░░░░░░░ something about it and ░░░░░░░░ ll ask also Howard ░░░░░░░░ ever say something about ░░░░░░░░ sir This is very ░░░░░░░░ we re gonna stand ░░░░░░░░ thing up within next ░░░░░░░░ months We are going ░░░░░░░░ asset side Of US ░░░░░░░░ sheet for American to ░░░░░░░░ the assets To work ░░░░░░░░ I think it s ░░░░░░░░ be very exciting We ░░░░░░░░ going study best practices ░░░░░░░░ done around world It ░░░░░░░░ a combination of liquid ░░░░░░░░ Assets that we have ░░░░░░░░ this country As we ░░░░░░░░ worked bring them out ░░░░░░░░ American people The extraordinary ░░░░░░░░ and scale Of US ░░░░░░░░ business does with companies ░░░░░░░░ create value for American ░░░░░░░░ If we are going ░░░░░░░░ buy 2 billion Covid ░░░░░░░░ Maybe We should have ░░░░░░░░ warrants and equity in ░░░░░░░░ companies And how that ░░░░░░░░ For the help of ░░░░░░░░ American people So I ░░░░░░░░ all this things together ░░░░░░░░ will create an amazing ░░░░░░░░ wealth fund For you ░░░░░░░░ So other countries Have ░░░░░░░░ sovereign Wealth funds In ░░░░░░░░ much smaller country the ░░░░░░░░ States We re tremendous ░░░░░░░░ To seeing that what ░░░░░░░░ happened Just in a ░░░░░░░░ period of time And ░░░░░░░░ an example Tick tock ░░░░░░░░ re gonna be doing ░░░░░░░░ Perhaps with tick tocks ░░░░░░░░ perhaps not If we ░░░░░░░░ the right deal Will ░░░░░░░░ it Otherwise We won ░░░░░░░░ But I have The ░░░░░░░░ Do That And We ░░░░░░░░ put That In Sovereign ░░░░░░░░ fund Whatever Make Or ░░░░░░░░ You A partnership With ░░░░░░░░ wealthy people Lot Of ░░░░░░░░ but Could Put As ░░░░░░░░ Example On Fund And ░░░░░░░░ A lot Other Things ░░░░░░░░ We Can Put In ░░░░░░░░ Fund And I think ░░░░░░░░ Short Time Of The ░░░░░░░░ Funds And You Know ░░░░░░░░ Are Pretty Large I ░░░░░░░░ Tell Like The Saudi ░░░░░░░░ Fund Is On A ░░░░░░░░ Side But Eventually Will ░░░░░░░░ It But We re ░░░░░░░░ To Create Lot Of ░░░░░░░░ For The Fund And ░░░░░░░░ It s About Time ░░░░░░░░ This Country Had A ░░░░░░░░ Well Fund In These ░░░░░░░░ Gentlemen At Some Others ░░░░░░░░ Gonna Work With Them ░░░░░░░░ Closely And They ll ░░░░░░░░ Heading It Up In ░░░░░░░░ Going To Do A ░░░░░░░░ Job Too Highly Respected ░░░░░░░░ That Have Done Unbelievably ░░░░░░░░ In The World In ░░░░░░░░ Real World So That ░░░░░░░░ A Big Deal Huh ░░░░░░░░ Sir I Think If ░░░░░░░░ Create Value And Be ░░░░░░░░ Great Strategic Importance