The Federal Retirement Thrift Investment Board is once again planning to allow federal employees’ to invest their retirement savings into companies controlled by the Chinese Communist Party.
The FRTIB has decided to ignore directives by both President Trump – and President Biden – as well as strong opposition on Capitol Hill, to open a ‘Mutual Fund Window’ in June which would make available to Thrift Savings Plan (TSP) participants the opportunity to invest up to 25% of their savings in some 5,000 mutual funds.