US Lawmakers Seek to Ban Federal Pension Fund From Investing in China

Senator Marco Rubio (R-Fla.) on Capitol Hill in Washington, D.C. on April 10, 2019. Erin Scott/Reuters

WASHINGTON—A group of U.S. lawmakers introduced legislation on Nov. 6 that would block a federal retirement fund from investing in Chinese stocks.

The group, led by Republican Senator Marco Rubio, say the bill is aimed at reversing a decision to allow federal employees and military service members to invest their retirement savings in a fund that includes China-listed stocks.