Trump II, the digital Caligula, signed an executive order creating a U.S. Sovereign Wealth Fund and specified Treasury Secretary Scott Bessent and Commerce nominee Howard Lutnick lead its creation. Bessent is a hedge funder while Lutnick headed Cantor Fitzgerald, which dallies in nearly all areas of finance.
Trump II's SWF can put taxpayer dollars into all the secretive areas of finance, private credit, private equity, hedge funds, venture capital, cryptocurrencies and even meme-coins.
Trump II's SWF could steer money to son-in-law Jared Kushner's Affinity Partners, as Saudi and Qatari SWFs have done. It could also put money into levered Trump meme-coins.
The greed and leverage boys control the game board. It's not close to a fair fight, fight, fight.
Update: This day is a marker as Trump and his PEU and TechGod oligarchs ransack the internal controls of our democracy.
"The oligarchy is flexing its financial power. Odder things are in the cards." - Jesse
