California Assemblyman Phil Ting is one of the Democratic lawmakers sponsoring a bill that would divest money from any company participating in building President Trump’s border wall between the United States and Mexico.
Californians build bridges not walls. AB 946 asks PERS and STRS to #resist the wall and divest from its builders. https://t.co/373fnOfaue pic.twitter.com/JHWDnRip8p
— Phil Ting (@PhilTing) March 20, 2017
Lawmakers @PhilTing @LorenaSGonzalez and @AsmEGarciaAD56 intro bill saying pension funds must divest from Trump wall construction firms. pic.twitter.com/OmLKeAZeph
— John Myers (@johnmyers) March 20, 2017
More on this from the Sacremento Bee:
Lawmakers want California to divest from companies building Trump’s border wall https://t.co/iaXdVxyBn1
— Christopher Cadelago (@CapitolAlert) March 21, 2017
The Bee reports:
California Democrats have made no secret of their distaste for President Donald Trump since he was elected last November. Now they are pushing their political resistance into the financial realm with a proposal to pull all public investments from companies involved in the construction of his wall along the Mexican border.
Assembly Bill 946 would give CalPERS and CalSTRS, the state’s massive public employee and teacher retirement systems, one year to identify and liquidate any holdings in companies working on the wall, a central campaign promise of Trump’s for which his administration is now accepting bids.
The mayor of Berkeley, Calif., has already signed a similar bill into law:
I have signed into law our City's divestment from companies involved in Trump's border wall, and opposition to any #MuslimBan. #NoBanNoWall pic.twitter.com/tYPufpQFn0
— Jesse Arreguin (@JesseArreguin) March 16, 2017
ABC News has more about the border wall:
Government issues requests for border wall proposals: It will ideally be 30-feet high with "anti-climbing" features. https://t.co/Umwmne5VaX pic.twitter.com/tOhyOR9Ump
— ABC News (@ABC) March 20, 2017
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