New York City’s pension funds could resume investing in Israeli government bonds, a move that would funnel public money directly into Israel’s treasury despite the ongoing genocide in Gaza and its apartheid system in the occupied West Bank.
“The Israel bonds have performed very well and they continue to be investment grade rated,” Mark Levine, New York City’s chief financial officer, told the FT. “My fiduciary responsibility is to make investment decisions based on that record of performance.”
Israeli government bonds function as direct loans to the state, providing steady interest payments to investors while channelling cash straight into government coffers.
Well he’s the mayor of NYC, not a senator or congressperson, so of course he’s going to help the city he’s mayor of. Also, again, we are talking about someone on his second week of being mayor. It should come as no surprise he hasn’t waved a magic wand and fixed every single thing he said he was going to fix. If this came up six months into his term then yeah, fair bone to pick, but right now it just sounds like you’re looking for shit to be mad about.
https://www.nyc.gov/mayors-office/news/2026/01/mayor-mamdani---governor-hochul-to-launch-free-child-care-for-tw
I’d call that pretty fucking noteworthy.