EO 14196
A Plan for Establishing a United States Sovereign Wealth Fund
Economy & TradeGovernment Reform
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Summary
This executive order directs the Treasury Secretary and Commerce Secretary to develop a plan for establishing a U.S. sovereign wealth fund within 90 days. The fund is intended to promote fiscal sustainability, reduce tax burdens, ensure economic security for future generations, and strengthen U.S. international economic leadership.
Key Points
- 1Directs Treasury and Commerce Secretaries to jointly develop a sovereign wealth fund plan within 90 days
- 2Plan must include recommendations on funding mechanisms, investment strategies, fund structure, and governance model
- 3Plan must evaluate legal considerations and identify any required legislation
- 4States the fund's purpose is to maximize stewardship of national wealth for benefit of American citizens and promote fiscal sustainability
This summary is for informational purposes only. It may not capture all nuances of the executive order. Always refer to the official text for authoritative information.
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