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Rubio moves to block federal pension investments in China

October 29, 2019 - Sen. Marco Rubio (R-Florida) plans to introduce legislation to block U.S. government pension funds from investing in Chinese stocks. Rubio is concerned about plans by a federal board that oversees billions of dollars of retirement savings for federal employees and the military, according to Reuters. That board said it would begin tracking a stock index that includes specific companies that Rubio says help the Chinese government's military activities, espionage, and human rights abuses. Although the board next month will reconsider its decision to track the index, Rubio said it was not clear that the board would act in the best interests of the United States.

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