Politics
Trump creates US sovereign wealth fund, could buy into TikTok
By Craig Nigrelli (Anchor), Brock Koller (Senior Producer), Shea Taylor (Producer), Kaleb Gillespie (Video Editor)
President Donald Trump signed an executive order outlining plans to establish a government-run sovereign wealth fund. The fund would serve as an economic development account and might be used to partner with TikTok.
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Left 19%
Center 54%
Right 28%
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Bias Comparison
The Left
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The Center
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303 other sources covering this story
Total News Sources
303
Leaning Left
30
Center
86
Leaning Right
44
Last Updated
2 months ago
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The popular social media app operates under a 75-day period during which its owner, ByteDance, is supposed to break away from its Chinese influence.
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In addition to TikTok, the fund would be used to pay for infrastructure projects in the U.S., including at airports and highways.
[CRAIG NIGRELLI]
THIS MORNING THERE ARE NEW DEVELOPMENTS ON THE FUTURE OF TIKTOK IN THE UNITED STATES.
PRESIDENT TRUMP HAS SIGNED AN EXECUTIVE ORDER THAT OUTLINES PLANS TO ESTABLISH WHAT IS CALLED A **GOVERNMENT-RUN SOVEREIGN WEALTH FUND**.
IT WOULD SERVE AS AN ECONOMIC DEVELOPMENT ACCOUNT AND MIGHT BE USED TO BUY INTO TIKTOK, AS A PARTNER.
THE POPULAR SOCIAL MEDIA APP IS OPERATING UNDER A 75-DAY PERIOD DURING WHICH ITS OWNER BYTE-DANCE IS SUPPOSED TO BREAK AWAY FROM ITS CHINESE INFLUENCE.
IN ADDITION, TO TIKTOK, THE FUND WOULD BE USED TO PAY FOR INFRASTRUCTURE PROJECTS IN THE U.S INCLUDING AT AIRPORTS AND HIGHWAYS.
Media Landscape
See how news outlets across the political spectrum are covering this story. Learn more
Left 19%
Center 54%
Right 28%
Bias Summary
- Egestas netus massa ultricies porttitor finibus lobortis sem dictumst molestie curae luctus vitae, primis commodo a justo quis nibh curabitur consectetur quisque lacinia.
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The Center
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303 other sources covering this story
Total News Sources
303
Leaning Left
30
Center
86
Leaning Right
44
Last Updated
2 months ago
Bias Distribution Powered by Ground News™
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