; findings (a) Short title This Act may be cited as the Blocking Investment In Our Adversaries Act . (b) Findings Congress finds the following: (1) Federal retirement plans, including the Thrift Savings Plan, invest a total of over $550 billion on behalf of their plan participants. With such an influence, it is critical that U.S. Federal pension plans do not contribute to stock earnings for companies demonstrated to be linked to the economies of peer or near-peer competitors, as outlined in the National Defense Strategy. (2) Large sector international companies such as Huawei have repeatedly committed numerous crimes such as corporate espionage, violations of US-imposed sanctions, violations of international property law, and theft. (3) The Thrift Savings Plan is the preeminent retirement plan for Federal government employees. The plan is especially beneficial due to its low service fees and high historical returns. The provisions outlined in this Act will not increase fees imposed on clients of the Thrift Savings Plan. (4) Congress acknowledges the conflict between fiduciary duties of financial investment firms and the responsibility to ensure national security. (5) The November 2017 selection of the MSCI ACWI Index by the Federal Retirement Thrift Investment Board, to be effective in 2020, violates the terms of this Act, as outlined in section 2. 2. Prohibition on investment of TSP I Fund in peer and near-peer competitors (a) In general Section 8438(b)(4) of title 5, United States Code, is amended by adding at the end the following: (C) The index selected by the Board under subparagraph (A) may not include investments in any stock of an entity based in a peer or near-peer competitor, including China or Russia. . (b) Divestiture of assets Not later than 30 days after the date of the enactment of this Act, the Federal Retirement Thrift Investment Board (as established under section 8472(a) of title 5, United States Code), in consultation with the manager of the Thrift Savings Fund, shall— (1) review whether any