# 119-hr-7357: TSP Fiduciary Security Act of 2026

119-hr-7357, TSP Fiduciary Security Act of 2026, is a 119th Congress bill sponsored by Rep. Fine, Randy [R-FL-6] (R-FL); status introduced; PRIA reads it as touching household money (as of 2026-04-21).

- Canonical: https://policyrisk.com/legislation/119-hr-7357
- As of: 2026-04-21
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 119-hr-7357
- Congress: 119
- Title: TSP Fiduciary Security Act of 2026
- Status: introduced
- Introduced: 2026-02-04
- Sponsor: Rep. Fine, Randy [R-FL-6] (R-FL)
- Cosponsors: 4
- Policy area: Government Operations and Politics
- Touches household money: yes
- Last recorded action: 2026-04-21

## Summary

**Adds a national-security fiduciary duty for managers of the Thrift Savings Fund** and would direct new rules to stop investments or voting that could harm U.S. national security. The bill pushes national-security tests and limits into how the federal retirement fund picks investments and uses shareholder votes.

## Cosponsors (4)

- Rep. Harrigan, Pat [R-NC-10] (R-NC), 2026-02-04T00:00:00.000Z
- Rep. Moran, Nathaniel [R-TX-1] (R-TX), 2026-02-04T00:00:00.000Z
- Rep. Stefanik, Elise M. [R-NY-21] (R-NY), 2026-02-09T00:00:00.000Z
- Rep. Rutherford, John H. [R-FL-5] (R-FL), 2026-02-10T00:00:00.000Z

## Provisions PRIA read

- Annual reports on TSP security reviews: benefit, low. If enacted, the Secretary of Labor would send reports to two congressional committees not later than two years after enactment and then yearly. Each report would list TSP investments and votes reviewed under the new security duty, the enforcement outcome, and the justification for each review.
- Temporary liability shield for TSP fiduciaries: benefit, low. If enacted, fiduciaries would be protected from personal monetary damages and civil penalties for breaches of the new national-security duty until January 1, 2027. The immunity would apply only to breaches of that specific national-security requirement.
- Ban China funds in TSP window: cost, low. If enacted, mutual funds offered through the TSP mutual fund window would not be allowed to hold securities of companies based in the People's Republic of China or their subsidiaries. The ban would take effect upon enactment. If you use the mutual fund window, you would lose access to those China-e…
- New national-security rules for TSP: mixed, low. If enacted, TSP fiduciaries would have a new duty to avoid investments and votes that harm U.S. national security. The Secretary of Labor would write implementing rules within one year, consulting Defense, Justice, Homeland Security, and Treasury. The rules would create presumptions of noncomplianc…

## Related bills

- 119-hr-3151: SHIPS for America Act of 2025
- 119-hr-4669: FEMA Act of 2025
- 119-hr-987: Fair Access to Banking Act
- 119-hr-7: No Taxpayer Funding for Abortion and Abortion Insurance Full Disclosure Act of 2025
- 119-hr-1422: Enhanced Iran Sanctions Act of 2025
- 119-hr-9250: Great American Outdoors Act 250

## Sources
- [119-hr-7357 on Congress.gov](https://www.congress.gov/bill/119th-congress/house-bill/7357)

## Related
- [119-hr-3151: SHIPS for America Act of 2025](https://policyrisk.com/legislation/119-hr-3151)
- [119-hr-4669: FEMA Act of 2025](https://policyrisk.com/legislation/119-hr-4669)
- [119-hr-987: Fair Access to Banking Act](https://policyrisk.com/legislation/119-hr-987)
- [119-hr-7: No Taxpayer Funding for Abortion and Abortion Insurance Full Disclosure Act of…](https://policyrisk.com/legislation/119-hr-7)
- [119-hr-1422: Enhanced Iran Sanctions Act of 2025](https://policyrisk.com/legislation/119-hr-1422)
- [119-hr-9250: Great American Outdoors Act 250](https://policyrisk.com/legislation/119-hr-9250)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/119-hr-7357 (as of 2026-04-21).
