The Manufacturing Sovereign Wealth Fund, also known as the Build America Fund Act, aims to bolster the United States' manufacturing sector and reduce dependence on foreign supply chains. By revitalizing key industries and fostering innovation, the fund seeks to create high-quality jobs and promote sustainable economic growth through strategic investments in manufacturing and technology. The act establishes the Manufacturing Sovereign Wealth Fund, managed by a Board of Governors appointed by the President, which includes representatives from labor, industry, academia, and finance.