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Real Estate Investment Bill Risks Slippery Slope for Thrift SavingsPlan

Real Estate Investment Bill Risks Slippery Slope for Thrift SavingsPlan
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Federal Retirement Plan Allows Investment in Sanctioned Chinese Companies

Research for Newsweek showed at least 115 mutual funds with Chinese companies sanctioned for reasons ranging from national security to human right abuses. ....

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A Senator Is Once Again Trying to Keep TSP Investments Out of China

The TSP Fiduciary Security Act would require the agency that administers the federal government’s 401(k)-style retirement savings program to consider na. ....

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TSP Officials Air Concerns About Congressional Proposals

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Officials at the agency that administers the federal government’s 401(k)-style retirement savings program said Wednesday that they take issue with a number of legislative proposals currently under consideration in Congress in some form.
Last week, Sen. Tommy Tuberville, R-Ala., introduced legislation that would bar the Thrift Savings Plan from allowing participants to invest in any index that includes investment in Chinese corporations.
This week, Tuberville introduced similar language, which would ban the TSP from investing in “entities based in the People’s Republic of China, as an amendment to the Endless Frontier Act, which is currently up for debate on the Senate floor. And Sen. Marco Rubio, R-Fla., has his own amendment, which would bar the TSP from investing in securities that cannot be inspected by the Public Company Accounting Oversight Board. The only region where the ....

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