Police reform is likely to be as big a challenge for NYC’s next mayor as it’s been for de Blasio Michael Gartland
Reforming the NYPD has been one of the toughest challenges of Mayor de Blasio’s tenure, and will likely be just as vexing for his successor in the years to come.
The next mayor will be faced with whether to significantly cut the police department’s budget, whether to require cops to reside within the five boroughs, and the looming possibility that an additional monitor, or monitors, could be appointed to oversee aspects of the department.
New York City Pension Trustees Voted to Divest Estimated $4 Billion in Fossil Fuel Securities
Posted on 01/25/2021
New York City Mayor Bill de Blasio, Comptroller Scott M. Stringer, along with trustees of two of the City’s pension funds, announced these funds have voted to divest their portfolios of an estimated US$ 4 billion from securities related to fossil fuel companies. The divestment, expected to be one of the largest in the world, will address the significant financial and environmental risks that these fossil fuel holdings pose to the funds. In 2018, New York City became the first major city in the nation to commit to divesting major public pension funds from fossil fuel reserve companies. Since the initial announcement hundreds of other institutions, governments, and entities have joined this commitment.