this post was submitted on 04 Feb 2025
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United States | News & Politics

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Trump orders creation of US sovereign wealth fund (www.reuters.com)
submitted 1 day ago by CrimeDad@lemmy.crimedad.work to c/usa@lemmy.ml
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I don't underestimate our Dear Leader's ability to do it badly, but isn't a sovereign wealth fund typically a good idea?

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[–] njm1314@lemmy.world 9 points 1 day ago

Just a giant handout to Wall Street basically. Also a perfect way to put a bullet in the heart of Wall Street reform movements. Can't fix a broken system if you're profiting off of it.