HR 3455
TSP Act
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Sign in to take action- Introduced
- Passed House
- Passed Senate
- To President
- Became Law
Bill overview
This bill, the Taxpayers and Savers Protection Act, restricts how the Thrift Savings Fund (TSP) can invest its money. It prohibits the TSP from investing in securities linked to countries deemed threats to U.S. national security, as determined by the Director of National Intelligence’s Annual Threat Assessment. Specifically, this includes securities listed on exchanges in countries like China, Russia, Iran, and North Korea, or issued by companies with significant revenue ties to those nations. The bill aims to mitigate investment risk associated with these countries.
Sponsors
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Primary sponsor
Michael Waltz
Cosponsors
Bill Posey
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