Home Investment Protesters demand city to not reinvest in Israel bonds
Investment

Protesters demand city to not reinvest in Israel bonds

Share


Although a rabbi blessed the wine at this Passover Seder, Jewish Voice for Peace says their emergency seder was organized because they couldn’t celebrate Passover as usual — with war raging across the Middle East.

“Never again is now. Never again for anyone,” protesters chanted outside City Comptroller Mark Levine’s office on Wednesday.


What You Need To Know

  • In 2023, then-City Comptroller Brad Lander phased out the city pension fund’s holdings in those bonds by allowing them to mature without reinvesting
  • Last year, the Jewish Voice for Peace Seder was held to call for the release of Mahmoud Khalil, a Columbia University graduate student arrested by U.S. Immigration and Customs Enforcement for his participation in pro-Palestinian protests on campus. But this year, Khalil attended the Seder
  • Current-City Comptroller Mark Levine said in January that he plans to resume investment in the bond

Protesters gathered outside Levine’s office to demand that he not invest city funds in bonds tied to Israel, which they say would provide funding for Israel’s bombing of Iran, Lebanon and Gaza.

“Amidst all this death and displacement we know there can be no seder as usual we cannot tell our liberation story as if it were neutral while our tradition and our tax dollars are being used to wipe Palestinian, Iranian and Lebanese families off the face of the earth,” Danny Kaplowitz, a member and organizer with Jewish Voice for Peace, said.

In 2023, then-City Comptroller Brad Lander phased out the city pension fund’s holdings in those bonds by allowing them to mature without reinvesting. But Levine said in January that he plans to resume investment in the bonds.

In the past, Levine has said bonds linked to Israel are a sound investment and investing in them is a decision many city comptrollers have made.

“You know it would be a disgrace to buy Israeli bonds, particularly at this moment, because are we supporting what he’s [Netanyahu] doing in Lebanon? Are we supporting what he’s doing in Gaza?” Jane Hirschmann of the Jewish Voice for Peace Seder said.

Last year, the Jewish Voice for Peace Seder was held to call for the release of Mahmoud Khalil, a Columbia University graduate student arrested by U.S. Immigration and Customs Enforcement for his participation in pro-Palestinian protests on campus. But this year, Khalil attended the Seder.

“Just as you prayed for my freedom last year, today let’s all pray together that by next seder, the Israeli occupation, the Israeli genocidal regime will have ended,” Khalil said.

Mayor Zohran Mamdani, who is an outspoken critic of Israel, pushed back in January against Levine’s plans to reinvest in those bonds.

“I don’t think we should purchase Israel bonds,” Mamdani said. “We don’t purchase bonds for any other sovereign nation’s debt, and the comptroller has also made his position clear, and I continue to stand by mine.”

NY1 reached out to the comptroller’s office to get his response to the demands of these protesters. But his office did not respond for comment.



Source link

Share

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Don't Miss

Currency in circulation jumps 28%

KARACHI: Pakistan's broad money supply (M2) recorded a strong 21.3% year-on-year (YoY) growth as of March 27, 2026, reflecting a significant expansion in...

Stock market today: Live updates

Traders work on the floor of the New York Stock Exchange (NYSE) at the opening bell in New York on April 2, 2026....

Related Articles

Government under growing pressure to publish long-delayed defence investment plan – The Independent

Government under growing pressure to publish long-delayed defence investment plan  The Independent Source...

Will FCX’s Liquidity Strength Fuel Growth and Returns Ahead?

Freeport-McMoRan Inc.FCX ended 2025 with strong liquidity, including $3.8 billion in cash...

What is USD1 Crypto, How It Works, and Where to Buy

USD1 is World Liberty Financial's dollar-pegged stablecoin, issued by BitGo and backed...

Record fuel price s on Uzbekistan Commodity Exchange – AKIpress News Agency

Record fuel price s on Uzbekistan Commodity Exchange  AKIpress News Agency Source link