politics2 hours ago
NYC Comptroller Abandons Israel Bond Pledge Citing Financial Hurdles
New York City Comptroller Mark Levine has reversed his 2025 campaign promise to reinvest city pension funds in Israeli government bonds, citing technical and financial obstacles. While Levine maintains the decision is strictly economic, Mayor Zohran Mamdani praised the move, whereas Israeli officials condemned it as economically damaging. The city retains over $285 million in other Israeli investments.