President Obama Nominee Supports Scrutiny Of Sovereign Wealth Funds

Posted on 11/05/2009


According to Nasdaq, “President Barack Obama’s choice to serve as the Treasury Department’s assistant secretary for international markets and development pledged support for rigorous scrutiny of U.S. investments by sovereign wealth funds. “Sovereign wealth funds are not just a private sector investor, but rather are arms of government,” and need to be subject to stricter […]

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