INVESTMENTS

Minnesota House votes unanimously to divest from Russia

Minnesota State CapitolST. PAUL, Minn. – The Minnesota House has voted unanimously to divest the state’s pension funds from Russia, joining states across the U.S. in protesting Russia’s attack on Ukraine. Minnesota’s public employee pensions funds had an estimated $53 million worth of investments in Russia before its invasion of Ukraine. Rep. Sydney Jordan, whose northeast Minneapolis district is home…

North Dakota to dump state investments tied to Russia

FARGO, N.D. (KVRR) – The North Dakota State Investment Board has unanimously voted to jettison state investments with ties to Russia. State Investment Officer Scott Anderson told the board that as of Thursday March 3, North Dakota had approximately $10 million in investments with “Russian entity exposure.”  Anderson said that figure had already been reduced by approximately $5.9 million since…

Protesters Chain Themselves to Wells Fargo Building in Downtown Duluth

Police and fire rescue squads responded to the scene

DULUTH, Minn. — Protesters delayed the opening of a downtown Duluth bank to draw attention to that bank’s investments with oil pipeline projects. Nearly 30 people gathered at the downtown Wells Fargo branch at about 9 this morning and at least three people chained themselves in front of the entrance. The group is trying to draw attention to the bank’s…

Mayor Mahoney Releases Preliminary 2018 City Budget

There will be continued spending on the F-M diversion, growth of utility services and a completion of the new city hall

FARGO, ND — Fargo Mayor Tim Mahoney has released his preliminary 2018 Budget and it includes a property tax reduction of two mills. Mahoney also proposes a competitive wage adjustment of 2% beginning January 1st and investments in police staffing and equipment. There will be continued spending on the F-M diversion, growth of utility services and a completion of the…