Trump's EO to create a US sovereign wealth fund says it will “invest in great national endeavors” - but does not mention foreign investments
Similar funds - Saudi's PIF, UAE's Mubadala, Russia's RDIF are a key part of buying influence for corrupt governments
This will likely be a massive citizen-funded slush fund for Trump's admin to curry favor with US and foreign governments and oligarchs without the spending oversight of congress
Edited 283d ago