US President Donald Trump during the National Prayer Breakfast in Washington, DC, US, on Thursday, Feb. 6, 2025.

On Thursday, the Wall Street Journal condemned US President Donald Trump’s plan for a sovereign wealth fund, saying the idea “deserves to die in Congress.”

Trump provided “scant details” on what the fund would entail when earlier this week he signed an executive order to start developing the government-owned investment arm, the newspaper’s conservative editorial board wrote.

While Trump’s order claimed it would “promote fiscal sustainability,” “establish economic security for future generations, and promote United States economic and strategic leadership........

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