TSP Fiduciary Security Act of 2026

The TSP Fiduciary Security Act of 2026 requires the Thrift Savings Fund (TSP), which manages retirement savings for federal employees and uniformed service members, to avoid investments harming national security. It adds a new duty for the TSP's managing board to prevent investments from threatening U.S. national security, directing the Secretary of Labor to create regulations within one year to establish standards for TSP investments and voting rights. These regulations will presume investments in China-based entities, or those breaching government contracts involving critical defense technology, as non-compliant. The bill also explicitly prohibits TSP mutual funds from including investments in China-based companies or their subsidiaries. Additionally, it mandates annual congressional reports on TSP investment reviews and enforcement outcomes.