Is Michael Grimes ready to lead a groundbreaking wealth fund? As President Trump initiates a new U.S. sovereign wealth fund, Grimes, an experienced tech investment banker, emerges as a key player. Set to be financed by tariffs, this fund raises questions about its income sources and budget implications. Will it thrive amid financial complexities? Discover more about this pivotal move and its potential impact.
Read the full article for insights.
#SovereignWealthFund #MichaelGrimes #InvestmentBanking #USEconomy
Source: [CNBC](https://www.cnbc.com/2025/03/05/michael-grimes-expected-to-lead-new-us-sovereign-wealth-fund.html)