Schiff, Colleagues Urge Calif. Senate to Pass Turkey Divestment Bill

WASHINGTON””Rep. Adam Schiff (D-Burbank) and nine of his Congressional colleagues from California sent a letter this week to California State Senate President Pro Tempore Kevin De León in support of California Assembly Bill 1597, which would divest California’s public pension funds from investment vehicles that are owned, controlled, or managed by the Turkish government.

“California has acted in the past to prohibit new investments by its pension funds in sectors that are inimical to our state’s values, such as the 2015 state law mandating divestment from coal companies,”