President Trump has ordered a board not to go forward with a plan to invest United States federal employees’ retirement savings in an index that includes Chinese firms, some of which are involved in military activities, espionage, and human rights abuses.
The order was delivered to the Federal Retirement Thrift Investment Board in a May 11, 2020, letter by Labor Secretary Eugene Scalia, first reported by Fox News. Scalia wrote to the FRTIB Chairman Michael Kennedy:
