TSP Act

Representative Randy Fine (R-FL) has introduced legislation to prevent the investment of Thrift Savings Plan (TSP) funds in countries deemed adversarial. The TSP is essentially a retirement fund for federal employees, including plans specifically for veterans, and Rep. Fine's TSP Fiduciary Security Act blends national security interests into the system in order to prevent investment of TSP […]

Florida Rep. Michael Waltz (R) reintroduced the bipartisan TSP Act, which would prevent the Federal Retirement Thrift Investment Board (FRTIB) from investing the federally funded Thrift Savings Plan (TSP) in Chinese Companies that are reported to have direct ties to the Chinese Communist Party.