Trump eyes federal retirement plan investments as part of showdown with China over coronavirus

[wishstar]

2. I'm more worried that board will carry out Trump budget plan to drop interest rates on G fund

So far news is only emphasizing preventing just one of the Thrift fund options from not expanding to include Chinese investments.
Politicizing the administration of the Thrift fund is disturbing but probably not too many investors would object if all they do is exclude Chinese investments.

But of more importance to more Thrift fund investors who want to have a least part of their funds in a stable no-risk fund is the Trump proposal to tie the variable interest rate on the G fund to a lower index that would wipe out ability of the fund to come even close to keeping up with inflation. The current indexing of stable G fund has at least given investors close to what a decent 5 yr CD would pay such as 2 to 3% in recent years. Of course it was probably already going to drop to the 1 to 1.5% range but under Trump's plan it would be close to zero.