U.S. Treasury Secretary: Sovereign Wealth Fund Plan Has Been Suspended

On May 24, U.S. Treasury Secretary Bentsen: The sovereign wealth fund plan has been paused until we handle all other matters. ( Jin10 ) BlockBeats previously reported that on May 8, a White House spokesperson stated in a press release: “According to President Trump’s executive order, the Treasury Department and the Department of Commerce have developed a plan for the sovereign wealth fund, but no final decision has been made yet.”

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