Tag: CHIPS Act

The United States spends trillions of dollars annually on military and foreign aid. Yet, it lacks the financial tools necessary to secure its economic future. While the Inflation Reduction Act and CHIPS Act provide welcome investments in clean energy and semiconductors, they fail to address the more significant, long-term need for sustained and strategic industrial policy. The United States needs a sovereign wealth fund (SWF) — a national investment vehicle capable of turning tax dollars into high-yield returns that can reshape the economy for decades to come…