5
3

American Sovereign Wealth Fund Exploration Act

5/21/2025, 12:06 PM

Summary of Bill HR 3116

H.R. 3116 in the 119th Congress, introduced on April 30, 2025, aims to create a commission to examine the potential establishment of a national sovereign wealth fund by the United States, along with addressing other related objectives.

Read the Full Bill

Formatted TextPDFFormatted XML

Current Status of Bill HR 3116

Bill HR 3116 is currently in the status of Bill Introduced since April 30, 2025. Bill HR 3116 was introduced during Congress 119 and was introduced to the House on April 30, 2025.  Bill HR 3116's most recent activity was Referred to the House Committee on Financial Services. as of April 30, 2025

Bipartisan Support of Bill HR 3116

Total Number of Sponsors
3
Democrat Sponsors
3
Republican Sponsors
0
Unaffiliated Sponsors
0
Total Number of Cosponsors
0
Democrat Cosponsors
0
Republican Cosponsors
0
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill HR 3116

Primary Policy Focus

Finance and Financial Sector

Alternate Title(s) of Bill HR 3116

To establish a commission to study the creation of a national sovereign wealth fund by the United States, and for other purposes.
To establish a commission to study the creation of a national sovereign wealth fund by the United States, and for other purposes.

Comments

Jacqueline Crowell profile image

Jacqueline Crowell

581

9 months ago

I don't know much about this bill, but it sounds like a waste of time and money. Why are we exploring this when there are more important issues to focus on? This is just going to cause more problems in the long run. Short term, it's going to be a disaster.

Sponsors and Cosponsors of HR 3116

Morgan McGarvey
Morgan McGarvey
KentuckyDemocrat

Latest Bills

Don’t Mess With My Home Appliances Act
Bill HR 4626February 25, 2026
Providing for consideration of the bill (H.R. 4626) to amend the Energy Policy and Conservation Act to prohibit the Secretary of Energy from prescribing any new or amended energy conservation standard for a product that is not technologically feasible and economically justified, and for other purposes, and providing for consideration of the bill (H.R. 4758) to repeal provisions of Public Law 117-169 relating to taxpayer subsidies for home electrification, and for other purposes.
Bill HRES 1075February 25, 2026
Advance Global Health Act
Bill HR 7654February 25, 2026
Postal Supervisors, Managers, and Postmasters Fairness Act of 2026
Bill HR 7600February 25, 2026
National Emergency Medical Services Memorial Extension Act
Bill HR 2196February 25, 2026
Stop the Sexualization of Children Act
Bill HR 7661February 25, 2026
Safe Shelters for Survivors Act of 2026
Bill HR 7624February 25, 2026
VALOR Act
Bill HR 7598February 25, 2026
Defend Elections from Trump Act
Bill HR 7626February 25, 2026
Critical Mineral Consistency Act of 2025
Bill HR 755February 25, 2026