NYC May Reinvest in Israeli Bonds Despite Gaza Genocide and Mamdani’s Divestment Support
New York City pension funds may reinvest in Israeli government bonds, despite the ongoing genocide in Gaza and apartheid in the occupied West Bank, and Mayor Zohran Mamdani’s support for divestment. Mamdani repealed prior orders blocking boycott efforts, while CFO Mark Levine emphasized that investment decisions are based solely on performance.