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Committee advances divestment resolution after hours of public testimony
Summary
Resolution 136, calling on the city retirement trustees to ensure city funds are not invested in companies the American Friends Service Committee cites for human-rights violations, earned a due-pass recommendation after more than two hours of public comment that included survivors, immigrant advocates and organizers.
The Budget and Public Employees Committee advanced Resolution 136 on Nov. 5, calling on the trustees of the City of St. Louis employee retirement system to ensure pension and retirement holdings do not include companies cited by the American Friends Service Committee for involvement in human-rights harms.
Alderman Rasheen Aldridge introduced the resolution and said it reflects the board’s earlier commitment to peace and…
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