Trump signs an executive action to form a sovereign wealth fund; Commerce secretary nominee Howard Lutnick says it may be used to facilitate a sale of TikTok US (Bloomberg)

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Bloomberg:
Trump signs an executive action to form a sovereign wealth fund; Commerce secretary nominee Howard Lutnick says it may be used to facilitate a sale of TikTok US  —  - Fund could be used as US facilitates TikTok sale, Lutnick says  — Bessent says fund will be created in the next 12 months

from Techmeme https://ift.tt/0D581NW