S 3263 119th Congress Senate In Committee

Stop TSP ESG Act

Latest action: Read twice and referred to the Committee on Homeland Security and Governmental Affairs. · Nov 20, 2025

View full text on Congress.gov ↗ Policy area: Government Operations and Politics

Legislative Summary

Stop TSP ESG Act This bill prohibits a qualified professional asset manager from exercising voting rights associated with the ownership of securities by the Thrift Savings Fund. Under current law, the term qualified professional asset manager includes certain banks, savings and loan associations, insurance companies, and investment advisers.

Source: Congressional Research Service (CRS).

Sponsor
Sen. Cruz, Ted [R-TX]
Independent · TX

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