,i  #aaf? ,,congress  #a/ ,session  ,h4 
,r4 #bijc  ,,9 ,,! ,,h\se ,,(           
,,repres5tatives  ,may #bb1 #bjai,mr4   
,banks introduc$ ! foll[+ bill2 :i* 0   
ref]r$ to ! ,committee on ,ov]sight &   
,re=m  ,a ,,bill  ,to am5d title #e1    
,unit$ ,/ates ,code1 to prohibit !      
,int]national ,/ock ,index ,inve/m5t    
,fund ( ! ,?rift ,sav+s ,fund f inve/+ 9
 any entity 9 pe] or ne>-pe] competitor 
nations z outl9$ 9 ! ,national ,def5se  
,/rategy1 & = o!r purposes4  #a4 ,%ort  
title2 f9d+s  7a7 ,%ort title ,?is ,act 
may be cit$ z ! ,block+ ,inve/m5t ,9    
,our ,adv]s>ies ,act4  7b7 ,f9d+s       
,congress f9ds ! foll[+3  7#a7 ,f$]al   
retirem5t plans1 includ+ ! ,?rift ,sav+s
 ,plan1 inve/ a total ( ov] #eej billion
 on behalf ( _! plan p>ticipants4 ,) su*
 an influ5ce1 x is critical t ,u4,s4    
,f$]al p5sion plans d n contribute to   
/ock e>n+s = companies demon/rat$ to be 
l9k$ to ! economies ( pe] or ne>-pe]    
competitors1 z outl9$ 9 ! ,national     
,def5se ,/rategy4  7#b7 ,l>ge sector    

int]national companies su* z ,huawei h  
repeat$ly committ$ num]\s crimes su* z  
corporate espionage1 violations (       
,,u-impos$ sanctions1 violations (      
int]national prop]ty law1 & !ft4  7#c7  
,! ,?rift ,sav+s ,plan is ! preem95t    
retirem5t plan = ,f$]al gov]nm5t        
employees4 ,! plan is especially        
b5eficial due to its l[ s]vice fees &   
high hi/orical returns4 ,! provisions   
outl9$ 9 ?is ,act w n increase fees     
impos$ on cli5ts ( ! ,?rift ,sav+s      
,plan4  7#d7 ,congress ackn[l$ges !     
conflict betwe5 fiduci>y duties (       
f9ancial inve/m5t firms & !             
responsibility to ensure national       
security4  7#e7 ,! ,novemb] #bjag       
selection ( ! ,,msci ,,acwi ,index by ! 
,f$]al ,retirem5t ,?rift ,inve/m5t      
,bo>d1 to be effective 9 #bjbj1 violates
 ! t]ms ( ?is ,act1 z outl9$ 9 section  
#b4  #b4 ,prohibition on inve/m5t (     
,,tsp ,i ,fund 9 pe] & ne>-pe]          
competitors  7a7 ,9 g5]al ,section      
#hdch7;b77#d7 ( title #e1 ,unit$ ,/ates 

,code1 is am5d$ by add+ at ! end !      
foll[+3  7,c7 ,! index select$ by !     
,bo>d "u subp>agraph 7,a7 may n include 
inve/m5ts 9 any /ock ( an entity bas$ 9 
a pe] or ne>-pe] competitor1 includ+    
,*9a or ,russia4  4  7b7 ,dive/iture (  
assets ,n lat] ?an #cj days aft] ! date 
( ! enactm5t ( ?is ,act1 ! ,f$]al       
,retirem5t ,?rift ,inve/m5t ,bo>d 7z    
e/abli%$ "u section #hdgb7;a7 ( title   
#e1 ,unit$ ,/ates ,code71 9 consultation
 ) ! manag] ( ! ,?rift ,sav+s ,fund1    
%all--  7#a7 review :e!r any sums 9 !   
,?rift ,sav+s ,fund are inve/$ 9        
contrav5tion ( subp>agraph 7,c7 (       
section #hdch7;b77#d7 ( su* title1 z    
add$ by subsection 7a72  7#b7 if any    
sums are s inve/$1 & consi/5t ) ! legal 
& fiduci>y duties provid$ "u *apt] #hd (
 su* title or any o!r provision ( law1  
dive/ su* sums2 &  7#c7 re-inve/ !      
dive/$ sums 9 inve/m5ts t d n contradict
 su* subp>agraph4