With newly elected Beijing Biden Regime and the Socialists Democratic Party coming to power this is going to be huge problem for America.
Divest China Now!
The federal government has recently determined that Chinese assets are not suitable to be included in the federal 401(k) retirement program known as the Thrift Savings Plan. Trump administration officials agree that this does not make sense, and in fact go so far as to strongly urge private and public universities to divest from unstable and risky Chinese assets.
Just three months ago, our nation’s National Security Advisor, Robert O’Brien and National Economic Council Director Larry Kudlow successfully argued against a proposal that would allow federal government employee 401(k) type retirement investments to invest in Chinese companies writing,“This action would expose the retirement funds to significant and unnecessary economic risk, and it would channel federal employees’ money to companies that present significant national security and humanitarian concerns because they operate in violation of U.S. sanction laws and assist the Chinese Government’s efforts to build its military and oppress religious minorities.”