Us inventor’s statement on TRUMP’S EXECUTIVE ORDER CREATING A SOVEREIGN WEALTH FUND

Press Release

For Immediate Release
February 6, 2025

Washington, D.C. – US Inventor welcomes President Trump’s Executive Order creating a sovereign wealth fund, but this fund should be aimed at fostering innovation and strengthening America’s economic competitiveness. We are confident that the Trump administration recognizes the critical importance of American made innovation and intellectual property as engines of growth. As an organization that represents independent American inventors and startups, we urge that the fund be used in a way that truly benefits individual creators and small businesses who are the lifeblood of American innovation and manufacturing.

A sovereign wealth fund has the potential to unlock significant opportunities for research, development, and American manufacturing, but it must prioritize the interests of those who have the creativity and ingenuity to drive transformative technologies forward. TikTok has been at the center of national security concerns. The fund has the potential to transform the landscape of American technology and innovation, creating more jobs, strengthening the economy, and enhancing our national security by positioning America to better compete with China tech giants like ByteDance, the parent company of TikTok.

We strongly advocate for policies that ensure inventors, especially independent and small-scale entrepreneurs, have access to the resources and protections necessary to bring their inventions to market. As we move forward, it is essential that any new programs or investments stemming from the sovereign wealth fund are carefully structured to empower innovators at all stages, promote fair competition, and protect intellectual property rights. US Inventor stands ready to collaborate with policymakers to ensure that the sovereign wealth fund’s implementation supports a thriving innovation ecosystem for all Americans.

Media Contact: Taylor McCray, e: twmmedia@outlook.com, c: 713-542-7448

Link to pdf

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