Trump also addressed the Thrift Savings Plan, a retirement-savings plan for federal employees, and a scheduled change to begin including Chinese stocks. The plan was set to move $50 billion from its international index to one with exposure to emerging markets such as China. Yet the board overseeing TSP delayed the move after receiving pushback from the Trump administration and some legislators.
"You know it's run by the Obama appointments, right," Trump said. "We're going to find out whether or not they're going to do it very soon, and if they're not, we're going to replace them very quickly."
https://markets.businessinsider.com/news/stocks/trump-looking-chinese-firms-stocks-trading-us-market-accounting-rules-2020-5-1029202923
Bookmarks