New York Mayor Praises Comptroller's Decision on Israeli Bonds
Translated & summarized from Ynet by baba
New York City Mayor Zohran Mamdani praised Comptroller Mark Levine's decision to stop purchasing Israeli government bonds with city pension funds. Mamdani stated that Israel should not be an exception to the city's policy of not buying bonds from other nations. Levine cited financial and technical reasons for his decision, which contrasts with his past pro-Israel commitments.
The story in 5 lines · by baba
- New York Mayor Zohran Mamdani praised Comptroller Mark Levine's decision regarding Israeli bonds.
- The city will not renew the purchase of Israeli government bonds with employee pension funds.
- Mamdani stated Israel should not be an exception to the city's bond-buying policy.
- Levine cited financial and technical reasons for his decision, not political ones.
- The decision appears to contradict Levine's past pro-Israel election pledges.
New York City Mayor Zohran Mamdani has lauded Comptroller Mark Levine's decision not to renew the purchase of Israeli government bonds using city employee pension funds. Mamdani stated at a press conference that the city does not purchase bonds from any other country and sees no reason to make an exception for Israel. This decision appears to contradict Levine's prior election pledge to support Israel, despite being Jewish himself. Levine explained that his decision was based on financial and technical considerations, not political ones.
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