Biden Administration Develops US Sovereign Wealth Fund Proposal

National security advisors aim to bolster technology and energy sectors, drawing bipartisan interest despite funding challenges.

The proposal seeks to invest in national security interests like technology and energy.
Development has involved extensive brainstorming and consultations with economic experts.
Trump's support for a similar fund could generate bipartisan momentum.
Critics highlight potential risks and funding difficulties amid national deficits.
Formal discussions with Congress and the private sector are planned for the near future.