A Plan for Establishing a United States Sovereign Wealth Fund – The White House

     By the authority vested in me as President by the Structure and the legal guidelines of america of America, and with a purpose to promote the long-term monetary well being and worldwide management of america, it’s hereby ordered:

Part 1.  Coverage and Objective.  It’s the coverage of america to maximise the stewardship of our nationwide wealth for the only real good thing about Americans.  To this finish, it’s within the curiosity of the American those who the Federal Authorities set up a sovereign wealth fund to advertise fiscal sustainability, reduce the burden of taxes on American households and small companies, set up financial safety for future generations, and promote United States financial and strategic management internationally. 

Sec. 2.  Sovereign Wealth Fund.  The Secretary of the Treasury and the Secretary of Commerce, in shut coordination with the Assistant to the President for Financial Coverage, shall develop a plan for the institution of a sovereign wealth fund per part 1 of this order.  The Secretary of the Treasury and the Secretary of Commerce shall collectively submit this plan to the President inside 90 days of the date of this order.  Such plan shall embody suggestions for funding mechanisms, funding methods, fund construction, and a governance mannequin.  The plan shall additionally embody an analysis of the authorized concerns for establishing and managing such a fund, together with any want for laws. 

Sec. 3.  Normal Provisions.  (a)  Nothing on this order shall be construed to impair or in any other case have an effect on:
(i)   the authority granted by legislation to an govt division or company, or the top thereof; or
(ii)  the features of the Director of the Workplace of Administration and Finances referring to budgetary, administrative, or legislative proposals.
(b)  This order shall be applied per relevant legislation and topic to the supply of appropriations.
(c)  This order isn’t supposed to, and doesn’t, create any proper or profit, substantive or procedural, enforceable at legislation or in fairness by any occasion in opposition to america, its departments, companies, or entities, its officers, staff, or brokers, or every other individual.

THE WHITE HOUSE,
    February 3, 2025.