Create account

Coverage dated February 2, 2025 to February 3, 2025

Trump signs order to create sovereign wealth fund in United States, possibly to buy TikTok

Headline from UPI

President Donald Trump on Monday ordered the creation of a government-owned sovereign wealth fund of financial assets, which he said possibly could be used to buy TikTok.

UPI's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.

Earlier updates in this story

Read the reports

Reports & sources

33 articles, oldest first.

  1. ABC 7 Los Angeles

    Trump orders creation of US sovereign wealth fund, says it could own part of TikTok (opens ABC 7 Los Angeles)

    Published

    ABC 7 Los Angeles's feed description

    President Donald Trump on Monday signed an executive order directing the U.S. to take steps to start developing a government-owned investment fund.

  2. Washington Examiner

    Trump creates sovereign wealth fund with eye on TikTok sale (opens Washington Examiner)

    Published

    Washington Examiner's feed description

    Trump alluded to the possible sale of TikTok as he signed the sovereign wealth fund executive order at a White House ceremony.

  3. NBC 5 Dallas-Fort Worth

    Trump signs order establishing a sovereign wealth fund that he says could buy TikTok (opens NBC 5 Dallas-Fort Worth)

    Published

    NBC 5 Dallas-Fort Worth's feed description

    President Donald Trump signed an executive order that outlines plans for a government-run sovereign wealth fund to serve as an economic development tool and...

  4. Al Jazeera

    Trump orders creation of sovereign wealth fund, says it could buy TikTok (opens Al Jazeera)

    Published

    Al Jazeera's feed description

    Investors were surprised by the news because the US runs a deficit and doesn’t have the finances needed for such a fund.

  5. Fox10 Phoenix

    Trump moves to create sovereign wealth fund, eyeing TikTok: What to know (opens Fox10 Phoenix)

    Published

    Fox10 Phoenix's feed description

    A sovereign wealth fund is a vehicle that could use proceeds from U.S. national resources to make investments.

  6. Honolulu Star-Advertiser

    Trump orders U.S. wealth fund, suggests it could buy TikTok | Honolulu Star-Advertiser (opens Honolulu Star-Advertiser)

    Published

    Honolulu Star-Advertiser's feed description

    WASHINGTON >> President Donald Trump signed an executive order today ordering the U.S. Treasury and Commerce Departments to create a sovereign wealth fund and said it may purchase TikTok.

  7. The Columbian

    Trump orders creation of U.S. sovereign wealth fund, says it could own part of TikTok (opens The Columbian)

    Published

    The Columbian's feed description

    WASHINGTON — President Donald Trump on Monday 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

  8. CNN

    Trump says an American sovereign wealth fund could acquire TikTok. Here’s what we know (opens CNN)

    Published

    CNN's feed description

    President Donald Trump said Monday that TikTok could be acquired by a newly proposed US sovereign wealth fund.

  9. Townhall

    Trump Issues Executive Order Establishing Fund to Possibly Buy TikTok (opens Townhall)

    Published

  10. Newsweek

    Donald Trump orders start of a sovereign wealth fund: what to know (opens Newsweek)

    Published

    Newsweek's feed description

    President Trump indicated on Monday that this fund could potentially be used to purchase TikTok.

  11. Fox News

    What we know about the Trump administration’s plans for a sovereign wealth fund (opens Fox News)

    Published

    Fox News's feed description

    President Donald Trump said that the state-owned investment fund could possibly foot the bill to purchase TikTok under the right conditions.

  12. The Hollywood Reporter

    Trump Floats Idea That TikTok Could Be Bought by New U.S. Sovereign Wealth Fund (opens The Hollywood Reporter)

    Published

    The Hollywood Reporter's feed description

    A new American sovereign wealth fund could acquire ownership in the popular social media app TikTok, U.S. President Donald Trump said Monday.

  13. Salon

    Trump wants sovereign wealth fund for possible TikTok purchase (opens Salon)

    Published

    Salon's feed description

    Trump has estimated the app is worth $1 trillion

  14. New York Post

    Trump signs order creating first-ever US sovereign wealth fund —and TikTok could be its first purchase (opens New York Post)

    Published

    New York Post's feed description

    President Trump signed an executive order on Monday creating a sovereign wealth fund, honoring another promise he made on the 2024 campaign trail.

  15. The Guardian

    Trump signs order to create sovereign wealth fund that could buy TikTok (opens The Guardian)

    Published

    The Guardian's feed description

    President decrees US treasury and commerce departments to create fund after delaying ban of ByteDance-owned app

  16. Forbes

    Trump Signs Executive Order Creating U.S. Sovereign Wealth Fund—Suggests TikTok Might Be Put In It (opens Forbes)

    Published

    Forbes's feed description

    It’s not clear where the money to create the sovereign wealth fund is coming from, but Treasury Secretary Scott Bessent said the hope is to get it up within the next 12 months.

  17. Voice of America

    Trump orders creation of US sovereign wealth fund, says it could buy TikTok (opens Voice of America)

    Published

    Voice of America's feed description

    Details on how exactly the fund would operate and be financed were not immediately available, but Trump previously said it could be funded by 'tariffs and other intelligent things'

  18. UPI

    Trump signs order to create sovereign wealth fund in United States, possibly to buy TikTok (opens UPI)

    Published

    UPI's feed description

    President Donald Trump on Monday ordered the creation of a government-owned sovereign wealth fund of financial assets, which he said possibly could be used to buy TikTok.

  19. WSVN Miami

    Trump orders creation of US sovereign wealth fund, says it could own part of TikTok - WSVN 7News | Miami News, Weather, Sports (opens WSVN Miami)

    Published

    WSVN Miami's feed description

    WASHINGTON (AP) — President Donald Trump on Monday signed an executive order directing the U.S. to take steps to start developing a government-owned investment fund

  20. Insider

    Trump said the new sovereign wealth fund he signed an executive order to create could be used to buy TikTok (opens Insider)

    Published

    Insider's feed description

    He has also floated numerous ways to save the app, like having Elon Musk or Oracle's Larry Ellison buy it.

  21. New York Times

    Trump Signs Order for Sovereign Wealth Fund and Says It Could Fund TikTok Purchase (opens New York Times)

    Published

    New York Times's feed description

    It is unclear how the United States, which already spends more money than it collects in taxes, would finance such a fund.

Identical headlines usually mean shared wire copy. They are counted as separate articles but are not independent confirmation.