Will Ackman head US Wealth Fund?

will-ackman-head-us-wealth-fund

$24,546 Vol. Ends Apr 29, 2025

On February 3, Donald Trump signed an executive order creating a sovereign wealth fund (see: https://www.theguardian.com/us-news/2025/feb/03/trump-sovereign-wealth-fund-tiktok). This market will resolve to “Yes” if it is announced that Bill Ackman will head the sovereign wealth fund created by the Trump administration by April 29, 2025, 11:59 PM ET. If Ackman co-heads the sovereign wealth fund with others, it will be sufficient to resolve this market to "Yes". The resolution source will be official information from the US government, however a consensus of credible reporting may also be used.