119th CONGRESS
1st Session
S. 3263


To amend title 5, United States Code, to prohibit qualified professional asset managers from exercising voting rights associated with the ownership of securities by the Thrift Savings Fund.

IN THE SENATE OF THE UNITED STATES

November 20, 2025

Mr. Cruz introduced the following bill; which was read twice and referred to the Committee on Homeland Security and Governmental Affairs

A BILL

To amend title 5, United States Code, to prohibit qualified professional asset managers from exercising voting rights associated with the ownership of securities by the Thrift Savings Fund.

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,

SECTION 1. Short title.

This Act may be cited as the “Stop TSP ESG Act”.

SEC. 2. Prohibition on exercising voting rights associated with the ownership of securities by the Thrift Savings Fund.

Section 8438(f) of title 5, United States Code, is amended by inserting “a qualified professional asset manager,” after “The Board,”.