American officials are keen on establishing a sovereign wealth fund to invest in national security concerns such as tech and energy, aiming to counter foreign adversaries.
The initiative echoes Donald Trump's recent call for government investment to support 'great national endeavors,' which could help gain bipartisan support for the fund.
Currently, discussions are underway on defining the fund's size and investment strategy, with important details still pending among White House officials and economic experts.
Key motivations for this fund include enhancing US capabilities in critical areas and matching the rapid investment pace of other countries like China.
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