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US HB7357
Bill
Status
2/4/2026
Primary Sponsor
Randy Fine
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AI Summary
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Amends fiduciary duties of the Federal Retirement Thrift Investment Board to require preventing Thrift Savings Fund investments and voting rights from harming U.S. national security
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Prohibits TSP investments in entities on the Communist Chinese military companies list or the Bureau of Industry and Security entity list, including their parents, subsidiaries, and affiliates
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Bars TSP mutual fund window investments in any securities of entities based in the People's Republic of China or their subsidiaries
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Requires Secretary of Labor to prescribe regulations within 1 year establishing compliance standards, in consultation with Secretaries of Defense, Homeland Security, Treasury, and the Attorney General
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Establishes annual reporting requirement to Congress on TSP investments and voting rights reviewed for national security compliance, with temporary liability protection for fiduciaries expiring January 1, 2027
Legislative Description
TSP Fiduciary Security Act of 2026
Government operations and politics
Last Action
Referred to the House Committee on Oversight and Government Reform.
2/4/2026