Causey wary of 'socially responsible' TSP fund

Tuesday - 9/28/2010, 5:25pm EDT

Mike Causey, Senior Correspondent, Federal New Radio

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The Federal Thrift Investment Board said it opposes the option for a new Thrift Savings Plan fund that one congressman is calling a "socially responsible" investment.

Tom Trabucco of the Thrift Investment Board said he's worried about both the costs and the politics involved with the proposed TSP fund.

Federal News Radio's Senior Correspondent Mike Causey tells the DorobekINSIDER he is also wary of the proposed fund.