18. Department of Labor and Related Agencies · Notable
Remove ESG-encouraging mutual fund windows from the Thrift Savings Plan
Printed page 608 18. Department of Labor and Related Agencies
“DOL should reverse efforts to politicize the TSP by removing “mutual fund” windows that encourage ESG, and should clarify the fiduciary duties of the TSP.”
What has happened
- Not started
The Thrift Savings Plan's mutual fund window is still open and still holds participant money: the Federal Retirement Thrift Investment Board's June 2026 Investment Program Review, presented at the 2026-07-28 Board meeting, reports a mutual fund window balance of $0.9 billion, 0.1 per cent of plan assets. Neither the Board nor the Department of Labor has moved to close it or to restrict the ESG funds available through it, and no clarification of TSP fiduciary duties has issued.
Research log
What was searched, and what didn’t count as evidence
Research notes
- “Moved the other way” is not quite right — nothing moved at all — but the Board’s own dated reporting is the Primary proof that the object the Quote wants removed is still there, so it carries the Evidence on the not started event.
- The congressional route exists and has not moved: S. 3263, the Stop TSP ESG Act, would bar qualified professional asset managers from exercising the Thrift Savings Fund’s proxy votes; it was read twice and referred to Homeland Security and Governmental Affairs on 2025-11-20.
- frtib.gov and tsp.gov both answer 200 to a browser User-Agent; frtib.gov’s sitemap (1,081 URLs) carries every Board meeting attachment back to 2023 and is the route in.
- Action
- eliminate
- Object
- Thrift Savings Plan mutual fund windows
- ID
- 1674