H.R. 3406 · 118th Congress

Stop TSP ESG Act

Stage
In committee
Sponsor
Ken Buck
Introduced
2023-05-17
Latest action
2023-05-17 · Introduced in House

Summary

Stop TSP ESG Act

This bill prohibits a qualified professional asset manager from exercising voting rights associated with the ownership of securities by the Thrift Savings Fund. Under current law, the term qualified professional asset manager includes certain banks, savings and loan associations, insurance companies, and investment advisers.