President Trump's proposal for a sovereign wealth fund could impact Social Security trust funds

From Nasdaq: 2025-02-23 05:46:00

President Trump confirmed that Social Security won’t be touched, but a controversial plan to create a sovereign wealth fund could lead to major changes. The fund would invest in assets, potentially impacting Social Security’s trust funds. Supporters believe it could save Social Security, while critics warn of cronyism and inefficiency. The proposal faces hurdles, including congressional approval and concerns about mismanagement. With Social Security facing financial challenges, the debate over a sovereign wealth fund’s role in securing its future is likely to intensify. Stay tuned for updates on this potentially significant development.



Read more at Nasdaq: Could This Controversial Plan Proposed by President Trump Pave the Way for the Biggest Social Security Change Ever?