Despite Bipartisan Opposition, Federal Retirement Board Moves Ahead with Controversial Plan to Invest Federal Retirement Savings in China

Despite bipartisan opposition from lawmakers in the House and Senate, the Federal Retirement Thrift Investment Board (FRTIB) yesterday proceeded to begin investing federal retirement savings from the Thrift Savings Plan (TSP) — the largest defined contribution plan in the world — in bad-actor Chinese companies.

Army Veteran William Boykin on Federal Thrift Savings Plan’s New Investment Window

As things stand now, the people who manage our federal retirement funds will mark Memorial Day with an egregious act of betrayal of our men and women in uniform, past and present, and their civilian colleagues. Based on my own experience serving our country, I think what they are doing by surreptitiously arranging for participants in the Thrift Savings Plan unwittingly to invest in companies owned or controlled by the Chinese Communist Party (CCP) is tantamount to treacherous sedition.

RELEASE: CPDC Webinar to Excoriate Diversion of Federal Employees’ Savings to the CCP

Individuals responsible for managing the retirement funds of U.S. government employees are determined to invest billions of their savings in companies owned or controlled by our country’s mortal enemy: the Chinese Communist Party (CCP), thus underwriting the CCP’s “unrestricted warfare” aimed at destroying America.

Webinar | No TSP for CCP: No U.S. Pension Funds for the Chinese Communist Party

Individuals responsible for managing the retirement funds of U.S. government employees are determined to invest billions of their savings in companies owned or controlled by our country’s mortal enemy: the Chinese Communist Party (CCP), thus underwriting the CCP’s “unrestricted warfare” aimed at destroying America.

RELEASE: C.P.D.C. Calls on Federal Pension System Board to Respect Bipartisan Opposition to Investing in Chinese Companies

Committee on the Present Danger: China Chairman Brian Kennedy today wrote the acting Chairman of Federal Retirement Thrift Investment Board (FRTIB), David Jones, in response to recent congressional and media revelations that, at its direction, the U.S. government’s Thrift Savings Plan (TSP) is poised once again to start investing TSP participants’ retirement funds in companies owned or controlled by the Chinese Communist Party (CCP).

VIDEO: The Fink Initiative

Larry Fink is one of the richest men in the world. He got that way by investing other people’s money, including money in Communist China. His investments have helped the Chinese Communist Party become our time’s existential threat to freedom. In fact, it is now the greatest threat to freedom loving people of any era. … Read more

VIDEO: Dalio and the CCP

Ray Dalio is one of the richest men in the United States. Bridgewater, the company he founded, makes its money by investing other people’s money in companies owned or controlled by the Chinese Communist Party. Bridgewater’s investments, and other Dalio business interests in China, made him filthy rich. They also help the Chinese Communist Party … Read more

RELEASE: C.P.D.C. Asks S.E.C. Chairman to Clarify Whether the C.C.P. Will Continue to Have Sweetheart Access to Our Money

CPDC Chairman Brian Kennedy today wrote the Chairman of the Securities and Exchange Commission, Gary Gensler, about one of the most insidious legacies of Joe Biden’s personal “engagement” with the Chinese Communist Party (CCP): an agreement that granted the CCP’s companies preferential access to U.S. capital markets.