Mayor Rahm Emanuel is urging mayors nationwide to follow Chicago's lead and sever ties with companies that make or sell assault weapons.
Emanuel says mayors have first-hand knowledge of the damage the weapons cause. He told a meeting of the U.S. Conference of Mayors on Saturday that there's no return on investment great enough to justify support for the companies.
Last week, Emanuel ordered a portfolio analysis of 5 pension and retirement funds for Chicago employees to determine if they include investments in gun makers. He has asked the Chicago Transit Authority, Chicago Housing Authority and the park district to do the same.
The Chicago Teachers' Pension Fund board voted last week to divest its $146,000 in investments from two companies.
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Thursday, May 16 2013 9:49 PM EDT2013-05-17 01:49:53 GMT
Mayor Emanuel will celebrate two years in office by unveiling "Elevate Chicago" on Thursday, a series of construction projects to improve Navy Pier and McCormick Place.
Mayor Emanuel will celebrate two years in office by unveiling "Elevate Chicago" on Thursday, a series of construction projects to improve Navy Pier and McCormick Place.
Friday, May 17 2013 10:37 PM EDT2013-05-18 02:37:06 GMT
On Friday, the current Chicago Teacher's Union President Karen Lewis announced that she has been re-elected and says she won with 80 percent of the vote.
On Friday, the current Chicago Teacher's Union President Karen Lewis announced that she has been re-elected and says she won with 80 percent of the vote.
