Deep Tide TechFlow News, on May 8, according to CBS News, U.S. Treasury Secretary Becerra and Commerce Secretary Raimondo have submitted a plan for a U.S. sovereign wealth fund to Trump, but the White House has expressed concerns about some aspects of the proposal. The fund will be modeled after Saudi Arabia and Norway, creating public revenue through investments in natural resource assets. Trump had previously hinted that the fund might hold shares in TikTok, but the specific mechanisms and use of revenue for the fund are still under discussion. A White House spokesperson stated that the government is still evaluating the relevant proposals and has not made a final decision.