U.S. Senator Marco Rubio’s (R-FL) office will host in-person and virtual Mobile Office Hours next week to assist constituents with federal casework issues in their respective local communities. These office hours offer constituents who do not live close to one of...
News
Latest News
ICYMI: Rubio: Biden Houthi Policy Hurts Americans
President Biden’s Misguided Policy toward the Houthis Hurts Americans U.S. Senator Marco Rubio (R-FL) June 27, 2024 National Review …Two weeks into his presidency, President Biden removed the Houthis from the foreign terrorist organization list…. [He] also ended...
ICYMI: Rubio on Illegal Migrants Tied to ISIS
According to reports, the U.S. Department of Homeland Security (DHS) has identified more than 400 illegal migrants who came across U.S. borders as part of an ISIS-affiliated human smuggling network. U.S. Senator Marco Rubio (R-FL) has been warning about this...
Rubio, Florida Colleagues Urge NOAA to Prepare for Coral Health Emergency
Last summer, corals in the Florida Reef Tract came under severe heat stress and experienced coral bleaching. Anomalous ocean temperatures may cause similar impacts this summer. The federal government has the authority to respond under emergency provisions of the Coral...
Rubio on State Department’s 2024 Trafficking in Persons Report
Each year, the U.S. Department of State releases its Trafficking in Persons Report. This report assesses countries in their efforts to counter human trafficking and identifies the most successful strategies for reducing the widespread evil of modern day slavery. U.S....
Rubio, Scott Commemorate 3rd Anniversary of Tragic Surfside Building Collapse
June 24, 2024 marks the 3rd anniversary of the Champlain Towers South collapse in Surfside, Florida. U.S. Senators Marco Rubio (R-FL) and Rick Scott (R-FL) introduced a resolution recognizing the fallen victims and the bravery of the first responders. “Today, we honor...
Rubio Leads Bipartisan, Bicameral Bill Banning TSP Board From Steering Federal Retirement Savings to China
Washington, D.C. — U.S. Senators Marco Rubio (R-FL), Jeanne Shaheen (D-NH), Todd Young (R-IN), Rick Scott (R-FL), and Joni Ernst (R-IA) reintroduced the bipartisan, bicameral Taxpayers and Savers Protection (TSP) Act, which would prevent the Federal Retirement Thrift Investment Board (FRTIB) from steering federal retirement savings to China. U.S. Representative Mike Waltz (R-FL) will be introducing the companion bill in the House. Rubio first introduced this legislation in November 2019.
“It is absolutely unacceptable that the Chinese Communist Party and government continues to profit from the retirement accounts of U.S. government employees and members of the military,” Rubio said. “Congress can’t sit on the sidelines and allow the TSP Board to fund Beijing’s rise at the expense of our nation’s future prosperity and national security interests.”
The TSP Act would conditionally ban the investment of Thrift Savings Plan funds in securities listed on Chinese exchanges. In particular, it would prohibit investment in issuers listed on foreign securities exchanges where America’s Public Company Accounting and Oversight Board (PCAOB) is prevented from conducting such inspections.
Related:
- May 13, 2020: Rubio, Shaheen Welcome Decision by TSP Board to Halt Transfer of Federal Retirement Savings to China
- October 22, 2019: Rubio, Shaheen Lead Bipartisan Group Urging TSP Board to Reverse Decision to Steer Federal Retirement Savings to China
- September 30, 2019: ICYMI: Rubio & Shaheen: Federal Retirement Savings Should Not Fund China’s Communist Party
- August 26, 2019: Rubio, Shaheen Urge TSP Board to Reverse Decision to Steer Federal Retirement Savings to China