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![U.S. Secretary of Treasury Scott Bessent (L) and Howard Lutnick, U.S. President Donald Trump's nominee for Commerce Secretary, (R) stand behind U.S. President Donald Trump as he speaks to reporters in the Oval Office of the White House on February 03, 2025 in Washington, DC.](https://fortune.com/img-assets/wp-content/uploads/2025/02/GettyImages-2197461218-e1739292356456.jpg?w=1440&q=75)
Treasury Secretary Scott Bessent (left) pledged to “monetize” America’s assets when Donald Trump (center) signed an executive order calling for Bessent and Commerce Secretary nominee Howard Lutnick (right) to create a plan for a sovereign wealth fund.
Anna Moneymaker—Getty Images
https://fortune.com/img-assets/wp-content/uploads/2025/02/GettyImages-2197461218-e1739292356456.jpg?resize=1200,600
https://fortune.com/2025/02/11/adjusting-bookkeeping-america-gold-reserves-add-750-billion-treasury-overnight/
Greg McKenna