U.S. government agencies have different criteria for sanctioning adversaries and preventing them from engaging in the U.S. economy. Our biggest foreign adversaries, like China, benefit from this lack of interagency coordination, which must come to an immediate...
Three bills, led by U.S. Senator Marco Rubio (R-FL), which prevent the Chinese Communist Party from taking advantage of our nation, has successfully passed the U.S. House of Representatives and are now awaiting Senate consideration. “The House of Representatives has...
Annually, Brazil hosts “Operation Formosa” which are military exercises conducted by several nations. This year, the Chinese Communist Party’s armed wing, the People’s Liberation Army (PLA), has been invited to participate. Beijing participating in the exercises,...
Since Hamas’s horrific October 7, 2023 terrorist attack against Israel, U.S. cities and campuses are seeing a disturbing rise in antisemitic, pro-terrorist violence. There remains concern that participants in these acts are here on visas and are not being held...
U.S. Navy destroyer USS Carney, homeported at Naval Station Mayport, Florida after an eight-month deployment to the Middle East. This historic deployment saw 51 engagements with Iranian-backed terrorists, the most engagements with a foreign adversary by a Naval vessel...
The Office of the Surgeon General announced a public advisory warning of alarmingly high levels of parental stress. The advisory and the Surgeon General’s accompanying op-ed, offered a set of “solutions” that fail to address the actual wants and needs of struggling...
The Federal Retirement Thrift Investment Board (FRTIB) is steering retirement savings of military servicemembers and federal workers to funds that invest in Chinese companies, including companies that support the People’s Liberation Army.
U.S. Senator Marco Rubio (R-FL) first raised the issue in 2019, leading a successful bipartisan effort to block the FRTIB from investing retirement savings in Chinese companies. In 2022, the FRTIB again opened the door to allow these funds to be invested in blacklisted Chinese companies.
Despite bipartisan, majority support, including from Senators Jeanne Shaheen (D-NH), Joni Ernst (R-IA), and Dan Sullivan (R-AK), the Senate failed to adopt Rubio’s amendment to the annual defense bill that would have banned those investments.
Rubio spoke on the Senate floor before the vote. See below for the video.
Looking forward … Senator Rubio will continue his fight for a ban on the investment of Thrift Savings Plan funds in Chinese companies by working to pass his bipartisan Taxpayers and Savings Protection Act through the Senate.
Want more information?