Mayor Adams Issues Executive Orders to Protect NYC Investments in Israel Amid BDS Concerns

Mayor Eric Adams issued executive orders to prevent New York City from making investment decisions that discriminate against Israel, specifically targeting future policies.

These orders aim to counter the pro-BDS (Boycott, Divestment, Sanctions) stance of his potential successor, Zohran Mamdani, ensuring continued financial ties with Israel.

New York City's pension systems currently manage nearly $300 billion in global investments, including a significant $300 million allocation in Israeli bonds and assets.

The move follows outgoing City Comptroller Brad Lander's decision to halt reinvestment in Israeli bonds, which drew criticism and accusations of supporting the BDS movement.

Adams's actions underscore a commitment to maintaining NYC's financial relationship with Israel, directly challenging efforts to divest from the nation.