A: What to know about Trump's sovereign wealth fund proposal

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AXIOS reports:

President Trump signed an executive order Monday calling for the creation of a sovereign wealth fund, essentially a federally owned investment vehicle that takes stakes in different kinds of financial assets.

Why it matters: It’s unclear where the money would come from to start a fund, and it would require Congressional approval — a tough prospect, given the fund would potentially be a way to cut lawmakers out of a key funding stream.

What they’re saying: The administration was vague on details…

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