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2 of NYC’s 5 public pension funds are vulnerable to a mayor-backed Israel divestment push
(JTA) — The man who is likely to be New York City’s top finance watchdog under Zohran Mamdani — assuming they both win their races on Tuesday — has said he does not believe Mamdani could divest the city’s pension funds of their investments in Israel.
“Just doesn’t have the votes for that,” Mark Levine, the likely next comptroller, told the Jewish Telegraphic Agency in September.
But in fact, Mamdani would be able to stack the boards of two of the city’s five pension funds such that divestment from Israel could be on the table, according to a JTA analysis — and some of Mamdani’s supporters say they are optimistic.
“We have hope in a Mamdani administration,” said Leah Plasse, a school-based social worker who has been lobbying for two years for the Teachers’ Retirement System to divest from Israeli assets.
As the election draws close and Mamdani maintains his lead in the polls, Jewish New Yorkers are wondering about how a mayor who is a longstanding supporter of the Boycott, Divestment and Sanctions movement against Israel could enact his vision in New York City.
Mamdani has stated his intention not to invest city funds in Israel bonds, in keeping with the current comptroller’s decision not to reinvest when $39 million in bonds matured in 2023.
But the city’s pension funds hold Israel investments beyond Israel bonds, which are issued by the Israeli government. The BDS movement calls for divesting from “all Israeli and international companies that sustain Israeli apartheid” — expanding targets to include most Israeli companies as well as non-Israeli companies that do business with the Israeli government.
The Teachers’ Retirement System’s Israeli investments include military technology companies — which Plasse and the group NYC Educators for Palestine have honed in on — as well as a variety of businesses like energy companies, food manufacturers and fuel companies.
Altogether, the city’s five public pension funds contain approximately $315 million in Israeli assets, according to the comptroller’s office. Mamdani has not indicated an intention to push for full divestment, but he also has not denied the possibility when asked.
Asked about doing so in a JTA questionnaire last week, Mamdani responded, “I support the approach of the current comptroller, Brad Lander, to end the practice of purchasing Israel bonds in our pension funds, which we do not do for any other nation.” He also did not specifically respond to part of that question which asked how else he might advance the cause of BDS as mayor.
What’s clear is that if Mamdani chose to make divestment a priority, pathways exist within the city’s pension fund management where headway could be possible.
For each of the city’s five pension funds to make any investment decisions, its board of trustees must vote in favor. Those boards vary in size, but typically consist of the comptroller, an appointee by the mayor and a number of labor representatives. Recommendations are made to those boards by the comptroller’s in-house Bureau of Asset Management.
Levine emphasized that a mayor could not “singlehandedly” overrule the comptroller’s recommendations to divest from Israel. But on boards where the mayor has more influence over the makeup of the trustees, the mayor could do so with the help of his or her appointees.
The Board of Education Retirement System, for example, has a 28-person board of trustees — a 15-person majority of whom are appointed by the mayor. Of those 15 mayoral appointees, one is the schools chancellor, one is an independent appointee, and the other 13 are the mayoral appointees on the city’s Panel for Educational Policy. (Mamdani has said he wants to reduce the influence of the mayor on the PEP.) The number of votes required to pass a resolution in the BERS is 15, though that figure must include one of the board’s two employee-elected members.
The board of the Teachers’ Retirement System, meanwhile, consists of seven members, and requires four votes to pass a resolution. Three of the members are mayoral appointees, one represents the city comptroller, and the other three are elected by the teachers on staggered three-year terms.
The three teacher members on the board now are all drawn from the teachers union’s leadership caucus. The union, the United Federation of Teachers, endorsed Mamdani.
The other three pension funds — for police, firefighters and city employees — are less susceptible to mayoral influence because the mayor appoints a smaller proportion of members.
While the movement to boycott Israel has called for divestment since 2005, advocacy has ramped up in many places in the last two years during the Israel-Hamas war in Gaza. In New York City, pro-Palestinian advocacy groups have gained little traction under an Eric Adams mayoral administration that is not sympathetic to their activism.
In fact, the Teachers’ Retirement System board has been resistant to advocacy for divestment, according to Plasse, who noted that the board “voted to close the public comment period after 1.5 years of us coming to speak about divesting our pension.”
Plasse said she was told this change was made for the sake of consistency, as no other pension funds’ board meetings include public comment periods. But she said it felt “quite clear” the real reasoning was to stifle her and her group’s “continued advocacy.”
Indeed, groups such as NYC Educators for Palestine and Workers for Palestine have regularly sent representatives to the public meetings of the pension boards. In public comments, the activists have pointed to examples like the city’s divestment from South African businesses in the 1980s, and more recently, the funds’ unilateral decision to divest from Russian securities in 2022, to show a precedent.
“And just on a personal note, before the holidays, as a Jew, before Hanukkah begins, I truly believe in tikkun olam, which is the repairing of the world,” Plasse said in the public comment period of a December 2024 board meeting of the Teachers’ Retirement System, according to meeting minutes. “We are funding genocide. That is against my faith.”
Any effort to divest from Israel would likely butt up against Levine, who is expected to win the race for comptroller. Levine, who is Jewish, endorsed Mamdani but has said he wants the city to resume investing in Israel bonds. NYC Educators for Palestine joined the anti-Zionist group Jewish Voice for Peace outside Levine’s office last week for a protest they named “Break the Bonds,” calling his intention to invest in Israel bonds one that puts “deadly politics over the interests of working New Yorkers.”
Levine, however, says he isn’t motivated by pro-Israel sentiment. The investments, he notes, have always been sound for the city. (Levine’s campaign did not respond to requests for a follow-up interview.)
That means the issue of Israeli investments — which, according to Levine, are a sturdy piece of an investment portfolio that serves more than 750,000 New Yorkers — could bring some of Mamdani’s deeply held values into conflict. In response to JTA’s question on divestment, he emphasized the central promises of his campaign.
“My priority as mayor will be to deliver on the affordability agenda I ran on: freezing the rent, universal childcare, and fast and free buses,” Mamdani answered. “That will always be the core of my administration.”
And advocates for divestment say they won’t stop pushing the case before the pension boards. At October’s Teachers’ Retirement System board meeting, Plasse handed out a written statement calling for an investment analysis and declaring that her group would be undeterred by the board’s repeated denials.
“I am more than open to meet with anyone about anything that has been discussed here today,” the statement read. “But please know, we are only becoming more embolden [sic] to demand this change. This is our money and the time will come.”
The post 2 of NYC’s 5 public pension funds are vulnerable to a mayor-backed Israel divestment push appeared first on The Forward.
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Pro-Hamas Group Palestine Action’s Appeal Over UK Ban Begins
Protesters from “Palestine Action” demonstrate on the roof of Guardtech Group in Brandon, Suffolk, Britain, July 1, 2025. Photo: REUTERS/Chris Radburn
The British government’s ban on the anti-Israel, pro-Hamas campaign group Palestine Action as a terrorist organization amounted to an authoritarian restriction on protest, lawyers representing a co-founder seeking to overturn the ban argued on Wednesday.
Palestine Action was proscribed in July, putting it on a par with Islamic State or al Qaeda and making it a crime to be a member, which carries a maximum sentence of 14 years in prison. Since then, more than 2,000 people have been arrested for holding signs in support of the group.
The group had increasingly targeted Israel-linked defense companies in Britain with “direct action,” often blocking entrances, or spraying red paint, particularly focusing on Israel’s largest defense firm Elbit Systems.
Britain’s Home Office [interior ministry] argues the group‘s escalating actions, culminating in a June break-in at the RAF Brize Norton air base when activists damaged two planes, amount to terrorism.
But lawyers representing Huda Ammori, who co-founded Palestine Action in 2020, say the move flies in the face of Britain’s long history of direct action protests and is “so extreme as to render the UK an international outlier.”
It was the first time a “direct action, civil disobedience organization that does not advocate for violence” had been proscribed as terrorist, Ammori’s lawyer Raza Husain told London’s High Court.
He compared the response to the group to that of other civil disobedience campaigns, such as Rosa Parks, the late US civil rights figure who refused to give up her seat on a segregated bus in 1955, and the suffragette movement which campaigned for women’s right to vote in the early 20th century.
GROUP‘S ACTIONS ESCALATED AMID WAR IN GAZA
Lawyers representing the Home Office said in court filings that the right to freedom of expression does not protect “speech and activity in support of a proscribed organization that commits serious property damage.”
Palestine Action has frequently targeted defense companies. It stepped up its actions during the Gaza war, with six members arrested on suspicion of plotting to disrupt the London Stock Exchange in January 2024.
Six people went on trial last week for aggravated burglary, criminal damage, and violent disorder over a raid on Elbit, with one charged with causing grievous bodily harm by hitting a police officer with a sledgehammer. They deny the charges.
Ammori’s lawyers say the ban has led to pro-Palestinian protesters being questioned by police at demonstrations without expressing support for Palestine Action.
The British government argues proscription only prevents support for Palestine Action and has not prevented people from protesting “in favor of the Palestinian people or against Israel’s actions in Gaza.”
The case is due to conclude next week, with a ruling at a later date.
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Tucker Carlson’s Latest Attack on Jews Is His Worst Yet
Tucker Carlson speaks on July 18, 2024, during the final day of the Republican National Convention at the Fiserv Forum in Milwaukee, Wisconsin. Photo: Jasper Colt-USA TODAY via Reuters Connect
Tucker Carlson has said some ugly things over the years, but even by his standards, last week was a new low.
In a monologue framed as a warning — because demagogues often pretend they’re just “warning” — Carlson delivered one of the most explicit and chilling mainstream threats toward American Jews in decades.
Speaking about people like Ben Shapiro and Mark Levin, Tucker said:
Give us the money for our preferred little country, or else we’re going to denounce you … Man, those attitudes are incompatible with leadership and in fact with democracy itself. You can’t have a country of 350 million people governed by boutique goals concerns … It doesn’t work. It’s illegitimate. If you keep it up, you’re flirting with real backlash. Like a real one … Not Nick Fuentes. Like a real one. So cool it. Don’t treat people like cattle.”
“Preferred little country.”
“Boutique goals.”
“Backlash.”
“Cool it.”
This was not analysis.
This was menace.
And it came wrapped in projection so brazen it would be funny — if the history behind it weren’t so deadly.
Because while Carlson accuses American Jews of disloyalty, coercion, and anti-democratic behavior, he has spent years whitewashing, rationalizing, or outright promoting the most openly anti-American movements operating on US soil: the anti-Israel campus mobs, the “resistance” celebrations of Hamas and Hezbollah, and the organizations openly seeking the dismantling of the American “empire” itself.
Carlson has nothing to say about movements that literally burn American flags
Let’s start with what Carlson ignores — because the silence is the tell.
Over the past two-plus years, anti-Israel protesters across the country have:
- burned American flags on college campuses and in major US cities,
- praised terrorists who murdered American citizens on Oct. 7,
- chanted “Death to America,” “Glory to our martyrs,” and “Resistance is justified from Gaza to New York,”
- waved Hezbollah, Hamas, IRGC, and even Houthi flags,
- shut down airports, highways, and Federal buildings,
- declared their goal is to “dismantle the US settler colony” (SJP),
- and demanded that America “collapse so a new world can be born.”
Not once — not even once — has Tucker Carlson accused any of these groups of “dual loyalty,” “treason,” “boutique goals,” or “corrupting democracy.”
Not once has he warned them of a coming “backlash.”
Not once has he urged them to “cool it.”
It turns out his concern for “American democracy” applies only to one group: Jews who support America’s democratic ally, Israel.
Meanwhile, the pro-Israel demonstrators Carlson smears wave American flags
Attend any pro-Israel rally in America and you’ll see a sea of US flags.
Mainstream Jewish Americans — whom Carlson now accuses of “treating other Americans like cattle” — regularly:
- thank US soldiers,
- praise America’s democratic traditions,
- and celebrate the shared values between the US and Israel.
The people Carlson calls “disloyal” attend rallies that look like Fourth of July parades.
The people he ignores are waving terror flags and chanting for America’s destruction.
Is this “America First”?
Of course not.
It is not patriotism driving Carlson.
It is obsession.
And obsession of this type always has a name.
What Carlson calls “boutique interests” are simply American Jews participating in American democracy
Carlson’s rant targeting Jewish media figures like Shapiro and Levin — two men whose “crime” is advocating policies Tucker himself embraced until he discovered the profitability of being the chief podcaster of the woke-right — is as familiar as it is poisonous:
- Jews advocating for a strong US–Israel alliance = anti-democratic “boutique interests.”
- Jews engaging in politics = “corrupting democracy.”
- Jews influencing policy (like everyone else) = “flirting with backlash.”
This is indistinguishable from Charles Lindbergh’s 1941 warning that Jews were steering America toward disaster and would deserve the “backlash” that followed.
The “America First” movement Carlson imagines has always carried this rot.
He’s just comfortable saying it out loud.
Carlson accuses Jews of:
- political coercion,
- ideological dominance,
- and treating opponents like “cattle.”
But his movement features:
- Nick Fuentes, the neo-Nazi Carlson now rehabilitates as a kind of misunderstood populist, who openly calls for stripping Jews of civil rights.
- Marjorie Taylor Greene, whose Christian nationalism rejects pluralistic democracy.
- Pedro Gonzalez, a figure Carlson helped mainstream, was caught pushing overt antisemitic tropes about Jewish “control,” the very rhetoric his movement now feeds on.
- Influencers in Carlson’s orbit who praise Putin, the IRGC, and the Houthis — America’s enemies.
This is the camp lecturing American Jews about “loyalty”?
Carlson’s rant wasn’t just hypocritical.
It was textbook projection.
And then there’s his selective outrage about “foreign influence”
Carlson says American Jews undermine America because they support Israel — America’s only reliable democratic ally in the Middle East.
But here’s what he never mentions:
- Anti-Israel campus groups receive support from networks tied to Qatar and the Muslim Brotherhood.
- Iran’s propaganda arms amplify the same talking points as the woke-right.
- Anti-Israel leaders openly praise the IRGC and Hezbollah.
- Many anti-Israel protesters literally call for America’s collapse.
Yet the only “foreign subversion” he sees … is Jews?
He sees “treason” in pro-Israel Americans.
He sees “populism” in pro-Iran activists.
Carlson himself went to Moscow to interview Vladimir Putin and give him a puff piece — and then offered the same courtesy to Iran’s “death to America” president.
Again: the silence is the tell.
Why Carlson targets Jews and not America’s real enemies
Because his movement needs a villain — one the far-right and far-left can share. And that villain — once again, as always — is the Jew.
There is no principle behind Carlson’s position. Only narrative:
- When Jews oppose Hamas → they are warmongers.
- When Jews support a strong America and strong US–Israel alliance → they are disloyal.
- When Jews engage politically → they corrupt democracy.
- When Jews defend themselves → they threaten national stability.
It’s the longest-running script in history.
Carlson just updated it for 2025 and put it on primetime.
At a time when genuine anti-American extremism is flourishing — in campus encampments, online propaganda networks, and foreign-backed organizations — Tucker Carlson has chosen to threaten the Americans waving US flags.
He has chosen to smear: Americans committed to democratic values.
He has chosen to accuse of treason: Americans whose “foreign cause” is a US ally under attack by terrorists who also kill Americans. Perhaps Tucker has forgotten how Iran’s proxies have killed literally hundreds of American service members — as they are enemies of both Israel and America.
And he has chosen to threaten a “real backlash” against: the one minority that history shows gets blamed whenever demagogues need a villain.
This is not patriotism.
It is not conservatism.
It is not “America First.”
It is the oldest hatred wearing a new mask.
And the mask isn’t slipping.
It’s off.
Micha Danzig is an attorney, former IDF soldier, and former NYPD officer. He writes widely on Israel, antisemitism, and Jewish history and serves on the board of Herut North America.
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What Israel Can Learn From American Thanksgiving
Gratitude is a deeply Jewish concept, emphasized in the Biblical text, the Talmud, Jewish law, and throughout rabbinic thought. Most significantly, gratitude is woven into the rituals of daily life, including the first statement of “modeh ani” that we recite upon waking each day as well as in the morning blessings.
This overlap between the value Judaism places on gratitude and the theme of the upcoming American holiday of Thanksgiving gives us a reason to truly recognize that day as a Jewish experience. But there is another deep connection between Judaism and Thanksgiving, one that Jews everywhere, including in Israel, should be more aware of and embrace.
Many of the values that the United States was built on, including justice, equality and freedom, stem from the Bible and Judeo-Christian tradition. This should be a reminder that here in Israel as well — the land where those ideas started — we should be more cognizant of those values as a society, especially in these challenging days as we rebuild after more than two years of war and face deep divisions among ourselves.
On Nov. 26, 1789, President George Washington proclaimed a day of public thanks, saying gratitude wasn’t just a feeling but a national duty, “acknowledging … the many signal favors of Almighty God especially by affording them an opportunity peaceably to establish a form of government for their safety and happiness.”
His statement reflects the influence of the Bible on the Founding Fathers’ worldview — and not simply because he referred to the Almighty. Rather, it is important to recognize that many of the values that Americans are especially grateful for on Thanksgiving — the values that allow a form of government for safety and happiness — are derived from Judeo-Christian concepts.
As outlined in his book Reading the Bible with the Founding Fathers, Daniel L. Dreisbach, a professor at American University, describes the Bible as the most read and most quoted book in early American political discourse. Stories and quotes from the Bible were used to justify civil resistance, examine the rights and duties of citizens, and understand the role of political authority. Early American politics and its groundbreaking democratic system can only be understood properly by understanding the role of the Bible, he writes.
The Declaration of Independence and Constitution are secular documents, but the ideas contained in them have unmistakable direct roots in values illustrated in the Bible.
Although the United States faces many challenges, and the Biblical values of justice, equality, and personal freedom are not always upheld as they should be, the ideal of these values has been front and center to the country’s success and to the opportunities it has given to millions, including my own father, my in-laws, and grandparents, who immigrated to the US from the ashes of the Holocaust and were able to freely raise a Jewish family.
In Israel, also a democracy, political and community leaders need to recommit to the values of freedom, equality, and justice, especially now — not just in theory, but in policy and practice.
Even though Israel remains without a constitution, these values need to be paramount, both in speech and action; in classrooms and courtrooms; in the Knesset and in the beit knesset. Freedom must extend to agunot, women trapped in marriages that have fallen apart and are often abusive, because their husbands refuse to grant them the halachic get required for a legal divorce. Jewish law demands that state rabbinic and government officials must do more to ensure the religious and civil laws are used in ways that promote freedom and dignity for these women.
Equality must be extended to minorities, including Arabs, Muslims, Christians, and Druze, who often face discrimination. From the lack of government investment in these communities to the racism expressed by some politicians, community leaders, and parts of the general public, minorities often do not receive fully equal treatment. Equality is also a value that needs to be embraced by the citizens. The most glaring example of this today is the continuing refusal of the ultra-Orthodox sector to serve in the army, which puts an undue heavy burden on those who do serve, including secular and religious Jews, Christians, Druze, and Bedouins.
Perhaps an approach that can help is trying to be more thankful for and aware of these democratic values derived from our very own Jewish tradition, especially now as we attempt to pick up the pieces and rebuild. Part of being thankful is looking beyond ourselves.
This is illustrated in a powerful way in the order of the words in the morning recitation of “modeh ani” — “thankful am I.” Usually the order would be “ani modeh” (“I am thankful”), but this prayer flips that order, emphasizing the thankfulness before the “I.” This implies we are better off as individuals, as a family, community and as a society when the first word out of our mouths is “thanks” rather than “I.”
During the Civil War, President Abraham Lincoln established an official date for Thanksgiving as a national holiday and called on everyone to care for the widows, orphans, and the wounded as the nation sought healing. This is the spirit we need in Israel now: to use gratitude as a moral call to rebuild our society, rooted in the very Biblical values that have long given hope to the world.
Rabbi Dr. Brander is the President and Rosh HaYeshiva of Ohr Torah Stone, a network of 32 educational institutions in Israel. He previously served as a vice president at Yeshiva University in New York and is Rabbi Emeritus of the Boca Raton Synagogue in Florida.

