White House National Economic Council Director Kevin Hassett defended the Trump administration's shareholding in listed companies and compared it to Norway's sovereign wealth fund. Hassett said that these holdings are handled on a case-by-case basis. Speaking at the CEO Council event hosted by the Wall Street Journal, Hassett said, “Many countries have sovereign wealth funds. It's a way to get a similar arrangement”.

White House National Economic Council Director Kevin Hassett defended the Trump administration's shareholding in listed companies and compared it to Norway's sovereign wealth fund. Hassett said that these holdings are handled on a case-by-case basis. Speaking at the CEO Council event hosted by the Wall Street Journal, Hassett said, “Many countries have sovereign wealth funds. It's a way to get a similar arrangement”.