US states adding to financial squeeze on Russian over war
Seeking to tighten the financial squeeze on Russian over its war against Ukraine, governors and lawmakers in numerous U.S. states were taking actions Monday to pull state investments from Russian companies while encouraging private entities to do the same.
The effect of sanctions by U.S. states often pales in comparison to national ones, but state officials said they wanted to show solidarity with Ukraine and do what they could to build upon the penalties imposed on Russia by the U.S. government and other Western nations.
Georgia House Speaker David Ralston, a Republican, got a bipartisan standing ovation Monday when he told representatives he would seek to have the states retirement funds quickly divested from any Russian assets.
I dont know about yall, but I dont want one penny of Georgians money going to subsidize Vladimir Putin, Ralston said. While our role in international affairs is limited, we make clear we stand with those who want to live in peace.
-more-
https://www.msn.com/en-us/news/politics/us-states-adding-to-financial-squeeze-on-russian-over-war/ar-AAUqKHe