SoftBank Group founder Masayoshi Son has floated the idea of creating a U.S.-Japan sovereign wealth fund for investments in technology and infrastructure in the U.S., the Financial Times reported. The move could help the U.S. Treasury Department earn revenue without raising taxes, the newspaper said, citing a person briefed on the situation. Son, who knows President Donald Trump personally, discussed the joint fund idea with U.S. Treasury Secretary Scott Bessent. Top government officials in Washington and Tokyo also are aware of the proposal, according to the newspaper. For the fund to be effective, its size would have to be “enormous,” with potentially $300 billion in initial capital, the newspaper reported, citing another person familiar with the discussions. The fund would be jointly owned and operated by the U.S. Treasury and Japan’s Ministry of Finance. But it could also accept investments from limited partners, including retail investors in the U.S. and Japan, it said. https://www.ft.com/conten.. #The Most Important Thing