Congress responded to the COVID crisis by allocating unprecedented sums to help cities and states recover. Early data about how they are using the money suggests that big spends can have complications.
Despite strong rhetoric from Gov. J.B. Pritzker and other top state officials demanding public pension funds divest more than $100 million in Russia-based assets, state lawmakers now say they won t act until the Fall veto session.
Despite a public outcry following the Russian invasion of Ukraine, legislation designed to force divestment languished unpassed in the Spring session of the Illinois General Assembly. Lawmakers say they intend to take the issue up again in the Fall.