💰Executive Order 14196
A Plan for Establishing a United States Sovereign Wealth Fund
Summary
Executive Order 14196 directs the establishment of a United States sovereign wealth fund aimed at managing national wealth for the benefit of American citizens. The order emphasizes the need for fiscal sustainability, tax reduction for families and businesses, and the enhancement of U.S. economic leadership globally. It mandates a detailed plan within 90 days, covering various operational aspects of the fund.
Agencies
- Executive Office of the President
Business Impact
$$$ - High
This order outlines the establishment of a sovereign wealth fund aimed at maximizing national wealth for American citizens, which includes recommendations for funding mechanisms and investment strategies impacting business taxes and economic security. Such provisions could present both opportunities and compliance requirements for business owners.