Trump Moves to Replace TSP Board Members, Prompting Concerns of Politicization

Government Executive: President Trump on Monday nominated replacements for three of the five members of the board that governs the federal government’s 401(k)-style retirement savings program, in an apparent effort to stop the Thrift Savings Plan from implementing a 2017 decision to base the international (I) fund on a broader index that includes investments in Chinese companies.

The move comes after months of lobbying from some Republican lawmakers and groups like the Committee on the Present Danger that advocate for a more adversarial relationship with China.

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