News Snapshot:
Pay & Benefits TSP Board Nominees Skeptical of China Investment, but Pledge Independence All three of President Trump’s picks suggested that investing feds’ retirement money in Chinese companies could be too risky, but said they would base any decisions within their fiduciary responsibility to participants. Erich Wagner President Trump’s three nominees to the board that administers the Thrift Savings Plan told senators on Wednesday that they would leave politics out of their decision-making if confirmed, although they viewed Chinese investment as a risky proposition from a fiduciary standpoint. Trump nominated John Barger, Christopher Burnham and Frank Dunlevy to three of...
