Senator Marco Rubio want legislation to block the Federal Retirement Thrift Investment Board from investing in Chinese stocks
- The Board delayed a decision on switching the benchmark for its $50 billion TSP I Fund to mirror an index with Chinese assets
- for at least two weeks
- Rubio said he would introduce bipartisan legislation “to ensure that federal retirement savings can never be a source of wealth funding the Chinese Communist Party at the expense of our nation’s future prosperity”