S. 1368: TSP Fiduciary Security Act of 2025
A Senate bill (S.) in the 119th U.S. Congress.
Overview
| Congress | 119th U.S. Congress (2025–2026) |
|---|---|
| Type | Senate bill (S.) |
| Originating chamber | Senate |
| Introduced | 2025-04-09 |
| Sponsor | Sen. Scott, Rick [R-FL] |
| Policy area | Government Operations and Politics |
| Cosponsors | 0 |
| Latest action | 2025-04-09 — Read twice and referred to the Committee on Homeland Security and Governmental Affairs. |
| Last updated | 2026-03-30 |
Summary
Official summary (Introduced in Senate, 2025-04-09):
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.
Full text & official record
The official bill text, section-by-section summary, amendments, committee reports, and the complete legislative timeline for S. 1368 are published by Congress on congress.gov.
View S. 1368 on congress.gov →
Frequently asked questions
What is S. 1368?
S. 1368 is a Senate bill (S.) introduced in the 119th U.S. Congress, originating in the Senate. Official title: TSP Fiduciary Security Act of 2025.
Where can I read the full bill text?
The full text, cosponsors, amendments, and legislative status for S. 1368 are available on congress.gov.
Bill data: congress.gov API (official congressional records).