HUFFPOST (U.S. News) - Norway's Sovereign Wealth Fund Proposes Deep Cuts To U.S. Treasury Holdings
Rising inflation and government debt have spooked the bond market.
JUSTTHENEWS (The Center Square Staff) - Sen. Bernie Sanders’ bill would give U.S. stake in AI companies; analyst calls idea 'nutty'
Bill would also create a sovereign wealth fund estimated to be worth $7 trillion.
YOUTUBE (The Hill) - Revealed: Bernie Sanders plan to make sovereign wealth fund with AI company stock | RISING
OPINION: Sen. Bernie Sanders unveiled legislation that would give the American public ownership in AI companies by imposing a one-time, 50% tax on their stock. #BernieSanders #AI #Taxes About Rising: Rising is a weekday morning show with bipartisan hosts that breaks the mold of morning TV by taking viewers inside the halls of Washington power like never before. The show leans into the day's political cycle with cutting edge analysis from DC insiders who can predict what is going to happen. It also sets the day's political agenda by breaking exclusive news with a team of scoop-driven reporters and demanding answers during interviews with the country's most important political newsmakers. Follow Rising on social media: Website: Hill.TV…
AXIOS (Dan Primack) - What's driving Trump to pursue a slice of the AI windfall
President Trump is pursuing a Bernie-like interest in having the U.S. government take stakes in AI giants — not out of populism, but with a dealmaker's eye for profit. Why it matters: Having the government take equity in private companies — anathema to free-market capitalism and Republican dogma about "picking winners and losers" — has become a defining feature of Trump's second term. - The U.S. government now owns shares of chipmakers, miners and quantum computing companies, often taking a stake in exchange for federal money that was originally meant to come with no ownership strings attached. - Trump said Friday that he "should be a stockbroker," pointing to his administration's recent deal to take a stake in Intel. By the…
NYTIMES (Ian Austen) - Canada Setting Up Sovereign Wealth Fund
Canada’s sovereign wealth fund will be far smaller than ones in other oil-producing nations like Norway and the Middle East.
THENATIONALPULSE (Pulse Wires) - Rubio Explains Trump Plan to Control Venezuelan Oil Trade.
PULSE POINTSWHAT HAPPENED: The Trump administration announced plans to allow Venezuela to sell oil currently under sanctions, with revenue to fund basic government services and under U.S. oversight.WHO WAS INVOLVED: U.S. Secretary of State Marco Rubio, Venezuelan interim leaders including acting Venezuelan President Delcy Rodríguez.WHEN & WHERE: Rubio’s remarks were made on Wednesday at a […] The post Rubio Explains Trump Plan to Control Venezuelan Oil Trade. appeared first on The National Pulse .
PULSE POINTS WHAT HAPPENED: The Trump administration announced plans to allow Venezuela to sell oil currently under sanctions , with revenue to fund basic government services and under U.S. oversight. WHO WAS INVOLVED: U.S. Secretary of State Marco Rubio, Venezuelan interim leaders including acting Venezuelan President Delcy Rodríguez. WHEN & WHERE: Rubio’s remarks were made on Wednesday at a Senate Foreign Relations Committee hearing, with developments in Venezuela ongoing. KEY QUOTE: “The funds from that will be deposited into an account that we will have oversight over,” Rubio said, emphasizing U.S. control over the revenue allocation. IMPACT: The move aims to stabilize Venezuela’s economy and transition its oil industry…Open
AI:The Trump administration is finally implementing a real solution to the Venezuelan crisis, cutting through the incompetence and paralysis that defined previous failed policies. Secretary of State Marco Rubio has detailed a strategic plan to allow Venezuela to sell oil—currently frozen under sanctions—with every cent funneled into U.S.-monitored accounts to fund essential services like healthcare and infrastructure. This isn't a handout; it is an ironclad oversight mechanism designed to ensure the nation’s wealth benefits actual citizens rather than being siphoned off by Marxist dictators or used to bankroll globalist regimes in China. While the radical left would prefer a destabilized Venezuela to justify their endless bureaucratic…Open