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Published By:Newsday

Plan aimed at cutting ties between pension fund and companies profiting from Trump's immigration stance

A state lawmaker from Queens announced plans Thursday to file legislation aimed at cutting ties between the New York pension fund and companies that stand to profit financially from President Donald Trump’s immigration enforcement agenda.

Assemb. Francisco Moya (D-Queens), speaking at a rally in midtown Manhattan with dozens of immigration and affordable housing activists, said he would soon introduce a bill to require the state to divest its more than $178 billion pension fund from corporations that back Trump’s agenda — including banks that finance immigration detention centers, and contractors involved with the proposed U.S.-Mexico border wall.

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