Trump wants a sovereign wealth fund for the US — the CEO of the world's largest says it's not so simple

Nicolai Tangen is chief executive of Norway's $1.3 trillion sovereign wealth fund.

Norsk Telegrambyra AS/Reuters

• President Donald Trump wants a US sovereign wealth fund to boost economic strength and reduce taxes.
• But Norway's fund chief says it's not that simple, citing political instability and unclear funding.
• Norway's $1.7 trillion fund thrives on long-term stability, strict rules, and political consensus.

As the White House explores creating a US sovereign wealth fund...