National Wealth Fund Bill

[Written Question] National Wealth Fund

Question by: Mark Garnier Answering Body: Treasury Question: To ask the Chancellor of the Exchequer, what is the status of National Wealth Fund Bill.

Fox News AI Newsletter: Sanders bill would seize 50% of stock in OpenAI, Anthropic for sovereign wealth fund

IN TODAY’S NEWSLETTER:- Bernie Sanders unveils plan to take 50% stake in AI companies for government wealth fund- College grads expect to earn $80,000 a year, but the math isn’t mathing- Jensen Huang says Nvidia's new RTX Spark chip will reinvent the PCSOCIALIST SHARE-UP: Democratic socialist Sen. Bernie Sanders, I-Vt., is arguing that the federal government should establish a sovereign wealth fund that's financed by taking possession of half of the stock in AI giants like OpenAI, Anthropic...

Fox News AI Newsletter: Sanders bill would seize 50% of stock in OpenAI, Anthropic for sovereign wealth fund

IN TODAY’S NEWSLETTER:- Bernie Sanders unveils plan to take 50% stake in AI companies for government wealth fund- College grads expect to earn $80,000 a year, but the math isn’t mathing- Jensen Huang says Nvidia's new RTX Spark chip will reinvent the PCSOCIALIST SHARE-UP: Democratic socialist Sen. Bernie Sanders, I-Vt., is arguing that the federal government should establish a sovereign wealth fund that's financed by taking possession of half of the stock in AI giants like OpenAI, Anthropic...

Bernie Sanders to Americans: AI companies stole your data, you should own 50% stocks

Senator Bernie Sanders has announced a new legislation aimed at taking half of the control of the artificial intelligence (AI) boom away from Silicon Valley billionaires and handing it directly to the American public. Arguing that AI companies built their empires on 'stolen' data, Sanders plans to introduce the American AI Sovereign Wealth Fund Act, a bill that would levy a one-time 50% tax on the stock of the nation's largest AI firms to establish a public fund. "The creative work of...

Uncle Sam considers buying a seat on the Titanic

The US government is reportedly weighing whether to take a financial stake in AI companies, which looks a bit like negotiating for a seat on the Titanic. Neither OpenAI nor Anthropic, the marquee brands in US AI, are profitable yet. While Anthropic may be nearer to that point if its accounting survives scrutiny, OpenAI's $1.4 trillion in financial commitments over the next eight years have been interpreted as a red flag for investors.

Graham Platner wins Maine primary election: Results and key takeaways

Graham Platner wins Maine primary election: Results and key takeaways Platner wins in Maine Senate primary, Republican Nancy Mace loses in South Carolina. Results for Nevada and North Carolina are also announced. Graham Platner, who has advocated for government-funded healthcare, free education and a wealth tax, has won the Maine Democratic primary for the United States Senate.

UK nuclear investors get 'high' returns for lower risk than consumers, who also foot the bill

Several primaries remain uncalled and Ukraine attacks Putin’s hometown: Morning Rundown

Several key primary races, including the one for California’s governor, remain uncalled. Veteran CBS News correspondent Scott Pelley is fired. And Elon Musk is set to become the world’s first trillionaire.

How high-end credit card perks are hurting shoppers who pay in cash

This article is part of “Unaffordable America,” a series examining rising economic inequality in the U.S. and the policies that drive it. RUCKERSVILLE, Va. — At the Tiger Fuel gas station and convenience store near the foothills of the Blue Ridge Mountains, the managers expect to pay more in fees to credit card companies this year than they will on rent — one more expense weighing on the company and its customers amid the surging price of gas. Those credit card fees — which can be as high as...

Trump's 'big beautiful bill' turned 529 plans into 'lifelong education' accounts, expert says: How to take advantage

New rules are expanding how tax-advantaged 529 savings plans can be used to pay for expenses beyond college, unlocking money that workers can use to advance or change careers. Under provisions in President Donald Trump's One Big Beautiful Bill Act, signed into law in July 2025, you can use a 529 plan to save not only for your child's education but also for your own career training or professional credentials. "You can now use them really as lifelong education savings accounts," said Vivian...