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.

Edit: Liberals watch this before commenting

  • Stern@lemmy.world
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    2 days ago

    He’s been mayor since the first. Can’t expect him to fix everything Adams left behind, along with all the other stuff on his agenda in two weeks.

    • dogbert@lemmy.zip
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      2 days ago

      Mamdani could order the NYPD to cease training with Israel today if he wanted.

    • geneva_convenience@lemmy.mlOP
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      2 days ago

      NYC is the largest Zionist stronghold in the world outside of Israel he has massive power to affect that.

      I don’t care about Mamdani getting treats for NYC residents if he’s going to allow NYC to continue supporting genocide. So far Mamdani has done nothing noteworthy except cancel a last-minute BDS resolution from Adams. And he condemned Hamas while allowing Zionist Synagogues to sell freshly cleansed Palestinian land to Jewish colonists.

      • Stern@lemmy.world
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        2 days ago

        I don’t care about Mamdani getting treats for NYC residents…

        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.

        So far Mamdani has done nothing noteworthy…

        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.

      • Apathy Tree@lemmy.dbzer0.com
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        2 days ago

        So when you get a new job you go in within the first two weeks and make huge changes that impact everyone served by the company, without fully understanding the systems you are working with? That’s what you are asking for here.

        Cuz he’s in transition. Training. Learning his job and how to do it. And running an entire city probably takes a bit more transition than some dumb corpo job where you can slot into many similar jobs.

        • geneva_convenience@lemmy.mlOP
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          2 days ago

          Before election: “He’s going to go in and change the system!”

          After election: “He’s learning how he needs to be part of the system!”

          • Apathy Tree@lemmy.dbzer0.com
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            2 days ago

            Yeah heaven forbid someone wants to do things right instead of doing things like Trump. Do what you like and who cares what you fuck up along the way, right?

            • geneva_convenience@lemmy.mlOP
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              1 day ago

              Democrats “we can’t do things right, only dictators do that!”

              Republicans: Do things

              Nobody would care if Mamdani used his powers to good things. And no opponent of Mamdani will praise him for not doing so. You are making excuses.

              • Apathy Tree@lemmy.dbzer0.com
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                1 day ago

                Democrats “we can’t do things right, only dictators do that!”

                You think dictators are doing things right by moving fast and breaking things?

                Hmmmmmmmm yeah I’m done with this conversation. Best of luck with that.