S 1368 · in committee · significant
TSP Fiduciary Security Act of 2025
- defense
What this bill does
- The bill requires the Thrift Savings Fund to avoid investments in entities that harm U.S. national security, including Chinese military companies.
- Federal employees and retirees who participate in the Thrift Savings Fund are affected by changes to investment options.
- Starting January 1, 2027, fund managers can face personal liability and civil penalties for non-compliance; Labor Department must issue rules by then.
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Community Threads
Started by Cosponsor
- 01
How would excluding Chinese military-linked companies from TSP investment options affect federal employees' retirement savings growth and diversification?
- 02
What specific criteria should the Labor Department use to define which entities harm U.S. national security, and who decides if a company meets that threshold?
- 03
Does the personal liability imposed on fund managers starting in 2027 risk making it harder to recruit qualified investment professionals to manage federal employee retirement accounts?
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Sponsor · R-FL
Rick Scott
Citizen cosponsors
0
In Congress
0/ 100
Senators cosponsoring
Introduced 2025-04-09
Legislative timeline
2025-04-09 · senate · IntroReferral
Read twice and referred to the Committee on Homeland Security and Governmental Affairs.
2025-04-09 · IntroReferral
Introduced in Senate
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