TSP Fiduciary Security Act of 2025

Summary

TSP Fiduciary Security Act of 2025 This bill incorporates national security interests into management of the Thrift Savings Fund. Specifically, the bill requires fiduciaries that are responsible for managing the fund (i.e., the Federal Retirement Thrift Investment Board) to prevent fund investments and associated votes that harm the national security of the United States, including investments in entities on certain lists maintained by the Department of Defense and the Department of Commerce (e.g., Chinese military companies). The Department of Labor must issue implementing regulations that include these and other standards for compliance. Beginning January 1, 2027, fiduciaries may be held personally liable for monetary damages and may be assessed civil penalties for failing to meet these requirements. The bill also prohibits mutual funds that are accessible through an authorized mutual fund window from investing in any entity that is based in China or any subsidiary of such an entity.

Summary from the Congressional Research Service. How we handle summaries

Where it stands

Assigned to a committee for review.

House Committee on Homeland Security · U.S. House of Representatives

Also referred to Senate Committee on Homeland Security and Governmental Affairs · U.S. Senate.

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Related bills

• H.R. 7357TSP Fiduciary Security Act of 2026Related bill

As identified by Congress.gov.

Full history

1. Apr 9, 2025

   Introduced

   Introduced in U.S. Senate

   U.S. Senate

2. Apr 9, 2025

   Referred to committee

   Read twice and referred to the Committee on Homeland Security and Governmental Affairs.

3. Apr 9, 2025

   Referred to committee

   Read twice and referred to the Committee on Homeland Security and Governmental Affairs.

Read the record

• Read on Congress.gov (opens in a new tab) The official record on Congress.gov.