President Donald Trump signed an executive order directing the U.S. to take steps to start developing a government-owned investment fund that he said could be used to profit off of TikTok.
Bloomberg's Cameron Crise discusses the role of the public sector in asset ownership and debt financing after the recent executive order creating a US sovereign wealth fund.
Should the U.S. create a sovereign wealth fund in line with President Donald Trump's executive order this week, it would be an unusual one among those already established by other countries.