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Trump orders federal retirement money invested in Chinese equities to be pulled
Fox Business ^ | May 11 2020 | Blake Burman

Posted on 05/11/2020 10:53:34 PM PDT by knighthawk

President Trump is moving to cut investment ties between U.S. federal retirement funds and Chinese equities, FOX Business has learned in a move that is tied to the handling of COVID 19.

In the first letter written Monday, obtained exclusively by FOX Business, national security adviser Robert O’Brien and National Economic Council Chair Larry Kudlow write to U.S. Labor Secretary Eugene Scalia stating that the White House does not want the Thrift Savings Plan, which is a federal employee retirement fund, to have money invested in Chinese equities that numbers about $4 billion in assets.

(Excerpt) Read more at foxbusiness.com ...


TOPICS: News/Current Events
KEYWORDS: chicomsareout; chineseequities; retirementmoney; trump; trumpchina
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To: knighthawk

Good. Now find another way to hurt them.

More.

L


21 posted on 05/12/2020 7:41:31 AM PDT by Lurker (Peaceful coexistence with the Left is not possible. Stop pretending that it is.)
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To: MIA_eccl1212
You watch too much Netflix. 😆
22 posted on 05/12/2020 7:45:42 AM PDT by Georgia Girl 2 (The only purpose of a pistol is to fight neiyour way back to the rifle you should never have dropped)
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To: knighthawk

I’ve noticed something on my Facebook news feed. The companies which have goods advertised on my feed are heavily invested in China. My favorite shoes, Vionic, are made in China. They’re expensive. There are others. Anywho, I’m sad about Vionic because they are so comfortable. But I will find another brand made in America, hopefully.


23 posted on 05/12/2020 7:46:39 AM PDT by petitfour (APPEAL TO HEAVEN)
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To: mabarker1

100%


24 posted on 05/12/2020 8:37:13 AM PDT by Chode (Send bachelors and come heavily armed.)
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To: MIA_eccl1212

Really, the Greatest Negotiator in recent history is going allow himself to be maneuvered into a shooting war?

Not a chance, he’s maneuvered far more risky waters in his life than the Chinese.

Have some faith in the President sent to us by God.


25 posted on 05/12/2020 3:29:12 PM PDT by Balding_Eagle ( The Great Wall of Trump ---- 100% sealing of the border. Coming soon.)
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To: Balding_Eagle

He may be chosen by God to start a war. We ARE already at war with China... you just don’t see it, or want to.

its on the way.
my guess is God wills it.


26 posted on 05/12/2020 4:14:27 PM PDT by MIA_eccl1212 (When the bad guys have leverage they often use it)
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To: MIA_eccl1212

We’ve been at war with China for decades, but not the shooting war you are predicting.

That won’t happen on Trumps watch.


27 posted on 05/12/2020 4:23:11 PM PDT by Balding_Eagle ( The Great Wall of Trump ---- 100% sealing of the border. Coming soon.)
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To: Balding_Eagle

It will.


28 posted on 05/12/2020 5:26:20 PM PDT by MIA_eccl1212 (When the bad guys have leverage they often use it)
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To: knighthawk

Great! This is an idea whose time has come. Actually, maybe it should have been even earlier.

But great news anyway!

(sorry if I posted this before)


29 posted on 05/16/2020 11:44:46 PM PDT by proud American in Canada (In these trying times, Give me Liberty or Give me Death!)
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To: MIA_eccl1212

God, I hope it doesn’t come to that.

What a nightmare!


30 posted on 05/16/2020 11:47:00 PM PDT by proud American in Canada (In these trying times, Give me Liberty or Give me Death!)
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To: MIA_eccl1212; Bald Eagle

And by a landslide! The media will be in tears, just like they were when one of the greatest Presidents ever, President Reagan, was elected.

They need to carve out more space near Mount Rushmore for another two, Presidents Reagan and Trump!


31 posted on 05/16/2020 11:55:14 PM PDT by proud American in Canada (In these trying times, Give me Liberty or Give me Death!)
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