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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.

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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

1,099

1 year 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

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