Senators Urge TSP to Cancel Mutual Fund Window

Six U.S. senators sent a letter last week to the Federal Retirement Thrift Investment Board’s (FRTIB) Acting Chairman David Jones requesting the agency cancel the launch of a mutual fund window investment option in the Thrift Savings Plan (TSP) set to begin June 1.
The senators believe the mutual fund window program could expose billions of dollars in retirement savings from participants in TSP to Chinese companies, including ones currently sanctioned or otherwise blacklisted for the threat they pose to U.S. national security. Click HERE to read more.