In early 2025, he directed the Departments of Treasury and Commerce to establish a U.S. sovereign wealth fund designed to strengthen government investments and support strategic acquisitions, including the potential purchase of companies such as TikTok.
The initiative aimed to give the government a more active role in shaping key industries and protecting national interests. That same month, he unveiled a sweeping deregulation plan requiring all federal agencies to eliminate ten existing regulations for every new one introduced.
This policy sought to reduce bureaucratic obstacles, stimulate business growth, and streamline federal oversight. Together, the creation of the sovereign wealth fund and the aggressive deregulation strategy reflected his administration’s focus on economic nationalism, market competitiveness, and restoring domestic control over critical assets and industries.