Friends,
Yesterday, 16 of my fellow Attorneys General and I sent a letter to Morningstar, a Billion Dollar financial firm, demanding answers for its support of the Boycott, Divestment, and Sanctions (BDS) movement towards Israel in its ESG pension investments.
As Fox News reported on our actions, The BDS movement is an anti-Semitic campaign to intimidate the Jewish people and delegitimize the State of Israel. The movement advances these aims through academic, cultural, and economic initiatives that punish people and firms for doing business with Israel. According to the co-founder of BDS, it “oppose[s] a Jewish state in any part of Palestine.”
The increasing trend among Investment Management Firms to use public pension plans - that is, YOUR tax money - to push their own political agenda is simply wrong.
We must put a stop to it.
<< I Stand with Daniel Cameron! >>
I’ve made this clear in the past that politics has no place in our pension programs. Their job is to maximize investment returns, not advance liberal policy. This letter we sent to Morningstar makes it clear that anti-Semitism has no place in public pensions either.
As your Governor, I promise to protect our public pensions from politics.
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We cannot allow woke ideologies to determine how Kentucky’s pension dollars are invested; I need you to stand with me so we can win this fight!
Please join me and be a leader in this campaign. If you can give $25, $15, or even just $10, it will go a long way in stopping these groups once and for all.