Biden Aides Propose US Sovereign Wealth Fund for National Security Investments: Bloomberg News

Sep 6, 2024, 07:50 PM

Top aides to President Joe Biden have been crafting a proposal to create a sovereign wealth fund that would allow the US to invest in national security interests, including technology, energy, and critical links in the supply chain. The proposal, reported by Bloomberg News, aims to enhance the country's strategic investments and bolster its national security infrastructure.