Summary
Trump signed an executive order to begin developing a U.S. sovereign wealth fund, which he said could take a 50% stake in TikTok if it is sold to an American buyer.
Treasury Secretary Scott Bessent and Commerce Secretary Howard Lutnick were tasked with laying the groundwork, though congressional approval may be required.
Trump noted that other nations have similar funds and aims to rival Saudi Arabia’s.
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They are preparing for the dollar to be worth nothing
Jesus fucking Christ. He is trying to literally create state-run media. He’s trying to turn Tiktok into Pravda.