Trump Weighs China Stock Ban for $50 Billion of Federal Savings
- Move comes after months of pressure from concerned lawmakers
- Action could come in the form of executive order, source says
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President Donald Trump is exploring blocking a government retirement fund from investing in Chinese equities considered a national security risk, a person familiar with the internal deliberations said.
The Thrift Savings Plan -- the federal government’s retirement savings fund -- is scheduled to transfer roughly $50 billion of its international fund to mirror an MSCI All Country World Index, which captures emerging markets, including China.