US Edition
ISIF Diviested All Israeli Bonds in Past Weeks, Dáil Told
NEW YORK CITY, UNITED STATES, JUL 13 – New York City pension funds cut Israel Bonds holdings from tens of millions to less than $1.2 million, prompting accusations of political motives amid ongoing financial and ethical debates.
- New York City Comptroller Brad Lander stopped renewing the city’s holdings in Israeli government debt securities, allowing the investments to expire so that by 2023 the pension funds no longer included any Israel Bonds.
- This decision, made in the context of the international Boycott, Divestment and Sanctions movement targeting Israel, prompted Mayor Eric Adams and First Deputy Mayor Randy Mastro to accuse the divestment of being driven by political motives.
- Lander, who identifies as a progressive Zionist, defended his actions as financial management consistent with fiduciary duty and stated the original bond purchases were political, not fiduciary decisions.
- At the start of Lander's term in early 2022, the city's pension funds held approximately $39.9 million in Israel Bonds but, as of May 2025, still maintain over $315 million in other Israeli investments, primarily common stock.
- The dispute reflects deeper political tensions in New York, where Israel-related issues influence voter attitudes and the mayoral election, with Adams framing Lander's move as pandering to the antisemitic BDS movement.
15 Articles
15 Articles
NYC mayor accuses Jewish comptroller of politically motivated Israel bonds divestment
A fight over New York City’s pension investments has turned into a high-profile clash over Israel, with Mayor Eric Adams accusing Comptroller Brad Lander of quietly divesting from Israel bonds in a move he says echoes the goals of the…
NYC mayor accuses Jewish comptroller of politically motivated Israel bonds divestment - Jewish Telegraphic Agency
A fight over New York City’s pension investments has turned into a high-profile clash over Israel, with Mayor Eric Adams accusing Comptroller Brad Lander of quietly divesting from Israel bonds in a move he says echoes the goals of the BDS movement. In a letter sent by a deputy on Sunday, Adams alleged that Lander had effectively withdrawn city pension funds from Israeli bonds and questioned whether the decision was influenced by political consid…
The Algemeiner
ussanews.comNYC Mayor’s Office Accuses Comptroller of Aiding BDS With ‘Withdrawal’ of Millions From Israel Bonds
New York City Mayor Eric Adams attends an “October 7: One Year Later” commemoration to mark the anniversary of the Hamas-led attack in Israel at the Summer Stage in Central Park on October 7, 2024, in New York City. Photo: Ron Adar/ SOPA Images via Reuters Connect The office of New York City Mayor Eric Adams has accused Comptroller Brad Lander of pushing a political agenda and advancing the anti-Israel boycott, divestment, and sanctions (BDS) mo…
PANDERING TO BDS: Tensions Flare as Self-Hating Jewish NYC Comptroller Pulls Millions from Israel Bonds
New York City Comptroller Brad Lander is under fire after quietly slashing the city’s investment in Israel Bonds—prompting a fierce rebuke from Mayor Eric Adams’ administration, which accuses Lander of appeasing the antisemitic Boycott, Divestment and Sanctions (BDS) movement. A letter sent Sunday by First Deputy Mayor Randy Mastro blasts Lander for what the mayor’s […]
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