US Government has started an investigation into BlackRock after BlackRock was exposed for investing $429,000,000 into the Chinese military

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COMMITTEE REPORT: American Financial Institutions Funneled Billions into PRC Companies Fueling the CCP's Military, Surveillance State, and Uyghur Genocide

WASHINGTON, D.C.

selectcommitteeontheccp.house.gov

 

[Gunny46]

Letters to MSCI and BlackRock on Investments Fueling China's Military

Following a rigorous examination of BlackRock and MSCI's Chinese investments decisions Chairman Gallagher and Ranking Member Krishnamoorthi today launched an investigation into the two firms. BlackRock manages trillions of dollars, drawing from Americans' hard-earned pensions and savings, and...

selectcommitteeontheccp.house.gov

 

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Americans are ‘unwittingly funding’ blacklisted Chinese companies, Congressional panel says​

By Nicole Goodkind, CNN

Unwittingly is bs.

 

[Gunny46]

Following Rubio’s Leadership, Federal Retirement Plan Stops Investing in China

Following a multi-year effort led by U.S. Senator Marco Rubio (R-FL), the Federal Retirement Thrift Investment Board (FRTIB) finally acknowledged that the risk of directing retirement funds of federa

www.rubio.senate.gov

I would rather be poor than involved with them. So keep fighting it.


Following a multi-year effort led by U.S. Senator Marco Rubio (R-FL), the Federal Retirement Thrift Investment Board (FRTIB) finally acknowledged that the risk of directing retirement funds of federal employees into Chinese companies far outweighs the benefits.

The Thrift Savings Plan (TSP) is a retirement and investment plan for American federal employees and military members. The FRTIB manages the TSP and, until recently, had been funneling the retirement savings to state-sponsored Chinese companies directly sponsored by the Chinese Communist Party. This decision will steer more than a billion dollars in investment away from China.

Rubio released a statement on the board’s decision.

• “Communist China should not profit from the retirement accounts of U.S. government employees and service members. I applaud the board for taking this first step by choosing an investment fund that excludes China.” – Senator Rubio