Tag: federal retirement thrift investment board

Marco Rubio Releases Hold on Four Federal Retirement Thrift Investment Board Nominees

U.S. Sen. Marco Rubio, R-Fla., weighed in last week after four nominees for the Federal Retirement Thrift Investment Board (FRTIB) confirmed in writing, “it is unfitting for Americans to invest in companies from China...
D5D08632-A25E-491C-AB91-3869D0A70CD7.png

Marco Rubio, Rick Scott Urge FRTIB to Protect Federal Retirement Dollars From Chinese Companies

This week, Florida’s U.S. senators--Republicans Marco Rubio and Rick Scott--signed a letter to Federal Retirement Thrift Investment Board’s (FRTIB) Acting Chairman David Jones regarding its plan to open a new “Mutual Fund Window” beginning...

Michael Waltz Brings Out House Version of Taxpayers and Savers Protection Act

Earlier this month, Rubio brought back the “Taxpayers and Savers Protection (TSP) Act” with the support of Scott and U.S. Sens. Jeanne Shaheen, D-NH, and Todd Young, R-Ind. The bill will ensure the Federal Retirement Thrift Investment Board (FRTIB) will not send federal retirement savings to China. Rubio first introduced the bill at the end of last year.
retirement account_canstockphoto396637 525x420

Marco Rubio, Rick Scott, Michael Waltz Want to Make Sure Federal Retirements Not Controlled...

Last week, Rubio brought back the “Taxpayers and Savers Protection (TSP) Act” with the support of Scott and U.S. Sens. Jeanne Shaheen, D-NH, and Todd Young, R-Ind. The bill will ensure the Federal Retirement Thrift Investment Board (FRTIB) will not send federal retirement savings to China. Rubio first introduced the bill at the end of last year.
dan-webster-525x420.jpg

Dan Webster Leads Letter to Labor Department Urging Better Transparency for Private Pensions and...

Eight other House Republicans signed Webster’s letter to U.S. Labor Sec. Eugene Scalia including U.S. Reps. Bill Posey and Francis Rooney of Florida. 
marco-rubio-2-525x420.jpg

Marco Rubio Backs White House’s Efforts to Ensure Federal Retirement Savings Not Funding Chinese...

Rubio and U.S. Sen. Jeanne Shaheen, D-NH, backed the decision, noting that TSP funds include “retirement assets of federal government employees, including members of the U.S. Armed Forces.”
Rick-Scott-US-Flag-Backdrop-525x420-1.png

Rick Scott Calls on Investment Leaders to Protect Americans from China

In February, Scott expressed his concerns to the SEC chairman about how U.S.-listed Chinese companies present regulatory, oversight and enforcement challenges that undermine transparency and confidence in American markets.
Marco-Rubio-and-Rick-Scott-525x420-2.jpg

Rick Scott, Marco Rubio Urge Trump to Change FRTIB After Putting Federal Retirement Funds...

Last week, U.S. Sen. Rick Scott, R-Fla., and U.S. Sen. Marco Rubio, R-Fla. sent a letter to President Donald Trump asking him to replace members of the Federal Retirement Thrift Investment Board (FRTIB) after their decision to shift billions of dollars from the Thrift Savings Plan retirement fund to an index fund that includes Chinese companies.
Marco-Rubio-and-Rick-Scott-525x420.jpg

Marco Rubio, Rick Scott Want to Ensure Federal Retirement Savings Not Funding Chinese Government

This week, with U.S. Sen. Jeanne Shaheen, D-NH, as the main cosponsor, Rubio brought out the “Taxpayers and Savers Protection (TSP) Act” to ensure the Federal Retirement Thrift Investment Board (FRTIB) will not send federal retirement savings to China.
Marco-Rubio-and-Rick-Scott-525x420-2.jpg

Marco Rubio, Rick Scott Don’t Want Federal Retirement Savings to Fund Chinese Government

Both of Florida’s U.S. senators want to ensure the retirement savings of some federal employees aren’t in Chinese hands.
marco-rubio-2-525x420.jpg

Marco Rubio Urges FRTIB to Ensure Federal Pensions Don’t Fund Chinese Government

If implemented, a decision by Michael Kennedy, the chairman of the Federal Retirement Thrift Investment Board (FRTIB) will effectively use retirement savings of federal government employees, including members of the U.S. Armed Forces, to fund the Chinese government and Communist Party’s efforts to undermine U.S. economic and national security.
103,070FansLike