Bill · S. 3263· Senate(119-S-3263)
Stop TSP ESG Act
- Introduced
- 11/20/2025
- Last activity
- 11/20/2025 — Read twice and referred to the Committee on Homeland Security and Governmental Affairs.
- Sponsored by
- Ted Cruz
- Cosponsors
- None
- Introduced
- In Committee
What this bill would do
This bill, known as the "Stop TSP ESG Act," aims to amend title 5 of the United States Code. The primary purpose is to change how the Thrift Savings Fund handles the ownership of securities. Specifically, it seeks to prohibit qualified professional asset managers from exercising voting rights related to those securities. The legislation was introduced in the Senate on November 20, 2025.
Yes
No question was scored yes.
The opposite· 3 of 7
Does this better protect air, water and wildlife?-3
The prohibition of voting rights limits the ability of fund managers to use shareholder proxy voting to advocate for environmental or climate-related disclosures and protections.
Would union members be better off under this?-2
The restriction on voting rights may reduce the ability of retirement funds to support corporate governance practices that align with worker interests.
Does this give people more protection from unfair business practices?-2
By prohibiting asset managers from exercising voting rights, the bill reduces the ability of fund managers to act on shareholder interests which could include consumer advocacy issues.
Who it would affect, and how
Potential Positive Impacts for People
- No specific positive impacts or benefits for individuals or groups are explicitly mentioned in the provided text.
Potential Negative Impacts for People
- No specific negative impacts or burdens for individuals or groups are explicitly mentioned in the provided text.
Groups and Interests Ranking
Every group the model scored this bill for, from -10 to +10. Hover a score for the reason it gave.
- Demographic And Interest Groups
- Good For Union Workers-2Good For Middle Class Households-1Good For Retirees-1Good For Seniors-1
- Environment Energy And Infrastructure
- Improves Environmental Protections-3
- Economy And Finance
- Improves Consumer Protection-2
- Governance And Ideology
- Improves Government Transparency-2
- 11/20/2025
- Read twice and referred to the Committee on Homeland Security and Governmental Affairs.
- Introduced in Senate