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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.
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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.

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.”

Michael Waltz Named to House GOP’s China Task Force

Winning an open seat in 2018, Waltz is the first Green Beret to serve in Congress. He sits on the U.S. House Armed Services Committee. McCarthy stressed Waltz’s background when he named him to the task force on Thursday.

Michael Waltz: We Need to Stop Federal, Military Retirement Funds Going to China

Waltz introduced his proposal on Friday which his office noted “would ban the Federal Retirement Investment Board (FRTIB) – all five of whom were appointed by President Barack Obama – from steering military and federal employees’ retirement contributions to China.”

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, 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 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.
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