For Immediate Release
May 11, 2022
Hamilton Strategies, [email protected],
Beth Harrison, 610.584.1096, ext. 105,
or Deborah Hamilton, ext. 102.
CPDC Webinar to Excoriate Diversion of Federal Employees’ Savings to the CCP
‘No TSP for CCP’ Opposes Underwriting of Enemies’ ‘Unrestricted Warfare’ Against America, Military
Individuals responsible for managing the retirement funds of U.S. government employees – both civilian and military, past and present – are determined to invest billions of their savings in companies owned or controlled by our country’s mortal enemy: the Chinese Communist Party (CCP).
The principal fund manager for the Thrift Savings Plan (TSP), BlackRock’s Larry Fink, and its oversight panel, the Federal Retirement Thrift Investment Board (FRTIB), were told not to do that by President Trump in 2020. And both he and his successor, President Biden, issued Executive Orders designed to preclude U.S. investments in such companies that pose a threat to our national security and/or enable the CCP’s human rights abuses. Incredibly, the impending opening of a Mutual Fund Window at TSP would open the way to violation of all those presidential directives.
A Committee on the Present Danger: China (CPDC) webinar on Thursday, 12 May from 1:00-2:00 p.m. ET will address the extreme inadvisability of such an initiative and the larger problem of U.S. investors more generally underwriting the CCP’s “unrestricted warfare” aimed at destroying America. The webinar will feature remarks by Frank Gaffney (moderator), Roger Robinson, Kyle Bass, and LTG William “Jerry” Boykin, US Army (Ret.) (Invited).
Attendees are encouraged to send a letter to President Biden and their members of Congress to demand, “No T.S.P. for C.C.P.”
- Frank Gaffney, Vice Chairman, Committee on the Present Danger: China
- Roger W. Robinson, Jr., Board Chairman, Prague Securities Studies Institute, Washington; former Senior Director of International Economic Affairs at the National Security Council under President Reagan; former Chairman, U.S.-China Economic and Security Review Commission
- Kyle Bass, Founder & Chief Investment Officer of Hayman Capital Management, L.P.
- Lt. Gen. (Ret.) William “Jerry” Boykin, Executive Vice President of Family Research Council, former. Deputy Undersecretary of Defense for Intelligence
WHAT: “No TSP for CCP” webinar
WHEN: Thursday, May 12, 2022, 1-2 p.m. ET
HOW: Register for the webinar here.
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Hamilton Strategies, [email protected], Beth Harrison, 610.584.1096, ext. 105, or Deborah Hamilton, ext. 102.