On Sunday, February 27, New York State Governor Kathy Hochul signed an executive order that directed all state agencies and authorities to review and divest public funds from Russia.
Hochul’s Executive Order 14 comes in response to Russia’s invasion of Ukraine. New York is home to the largest Ukrainian population in the U.S.
“Russia has chosen to attack democracy and we will stand with Ukraine as we condemn these atrocities,” said Hochul, according to a press release from the Governor’s Office. “Our state will not permit its own investment activity, whether directly or indirectly, to aid Russia as it commits these human rights violations. New York is home to the largest population of Ukrainians in the United States – they are our family and an attack on them is an attack on us all. We will make our statements and values known and show solidarity with Ukraine as we rebuke this assault on democracy.”
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