Democrats in the Alaska Senate are asking leaders of the Alaska Permanent Fund Corp. to divest assets from any Russian government or Russia state-owned institutions amid Russia’s war against Ukraine.
In a letter urging divestment, five Senate Democrats in the minority caucus cited provisions of Alaska law that declare support for a so-called nuclear freeze policy. The lawmakers said those provisions require the state to take action to reduce the risk of nuclear war and said they believe those also mean implementing “a divestment plan from Russian government or state-owned companies.”
Two House members, Democratic Rep. Zack Fields and Republican Rep. David Nelson, sent a separate letter to the chair of the permanent fund corporation’s board urging divestment.
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