American Prospect: “On February 3, 2025, President Donald Trump signed an executive order to create a sovereign wealth fund (SWF), saying the United States will have one of the largest funds in the world. That requires raising trillions of dollars very quickly. For context, Norway’s fund is currently worth $1.8 trillion U.S. dollars. Sovereign wealth funds are typically financed with surplus revenue from trade or natural resource development. Given that the United States is roughly $36 trillion in debt, experts question where the money would come from. The Trump administration seems to be signaling that selling out and selling off the nation’s public lands to the highest bidder might provide the necessary funding. Selling federal public lands would turn America’s treasured places into a financial asset for the Trump administration without the need for surplus revenue, making it a potentially enticing idea for the administration…”
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