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Congress·In Committee·26 days ago

House Bill Would Ban Federal Retirement Fund From Investing in Chinese Military Companies

Also known as: TSP Fiduciary Security Act of 2026

Legislative Progress

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Impact Analysis

Scores: 1 = low, 5 = highSentiment: -5 to +5 (net benefit)

Key Points

  • This bill changes how the Thrift Savings Plan (TSP) is managed. The TSP is the retirement system for millions of federal workers and military members. If passed, the people in charge of the fund would be legally required to make sure their investment choices do not harm U.S. national security.
  • The policy specifically targets investments in countries like China, Russia, Iran, and North Korea. It would ban the TSP from investing in Chinese military companies or any business on certain government blacklists. This includes any investment options found in the TSP's special mutual fund window.
  • Supporters are concerned that retirement savings from U.S. government employees are being used to fund foreign companies that work against American interests. The bill aims to ensure that while federal workers save for the future, their money isn't supporting technologies or militaries that could threaten the U.S.
  • The bill also changes how the fund uses its voting power in companies. It would prevent the fund from voting in favor of deals that move critical defense technology to foreign rivals or electing board members who have ties to Chinese military companies.
  • The Department of Labor would work with defense and intelligence agencies to create strict rules for these investments. They would also have to send a report to Congress every year explaining which investments were checked and what actions were taken to protect national security.
Economy FinanceNational Security Foreign PolicyLabor Employment

Milestones

2 milestones2 actions
Feb 4, 2026House

Referred to the House Committee on Oversight and Government Reform.

Feb 4, 2026

Introduced in House

What Happens Next

Projected impacts based on AI analysis

Within 1 year of enactment

Regulations for national security investment screening are due

The Secretary of Labor, working with defense and security agencies, must publish rules defining which investments are banned and how the TSP's voting power must be exercised. Until these rules are final, the exact restrictions on TSP holdings won't be clear.

Within 2 years of enactment

First annual compliance report to Congress is due

The Secretary of Labor must send Congress a detailed report on which TSP investments and voting actions were reviewed for national security compliance, and what enforcement actions were taken. This gives the public and lawmakers visibility into how the restrictions are working.

Related News

4 articles
401k Specialist·6 days ago

TSP Bill Seeks to Prevent Fund from Investing in China

Rep. Randy Fine (R-FL) introduced the TSP Fiduciary Security Act of 2026 to prevent the $1 trillion Thrift Savings Plan from investing in 'Countries of Concern.' The bill incorporates national security interests into the fiduciary responsibilities of the fund's management.

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My Federal Retirement·11 days ago

Legislation Would Ban TSP Investments in Adversary Nations

If passed, the TSP Fiduciary Security Act would prevent the Thrift Saving Plan funds from being invested in countries of concern, such as China, Cuba, Iran, Russia, North Korea, Syria, Sudan, and Venezuela, specifically targeting the mutual fund window.

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Florida Politics·24 days ago

Delegation for 2.6.26: Open for business — spaced — Iran — Artemis — whales

Rep. Randy Fine introduced the TSP Fiduciary Security Act in the House to block federal retirement investments in companies tied to China and other hostile nations. Sen. Rick Scott is carrying the companion bill in the Senate, arguing retirement dollars should never fund 'enemy nations.'

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Source Information

Document Type

Congressional Bill

Official Title

TSP Fiduciary Security Act of 2026

Bill NumberHR 7357
Congress119th Congress
ChamberHouse of Representatives
Latest ActionReferred to the House Committee on Oversight and Government Reform.

Sponsor

Cosponsors

(4)
R: 4

Analysis generated by AI. While we strive for accuracy, this should not be considered legal or professional advice. Always verify information with official government sources.