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Brewer Statement on NYC Employee Retirement System Vote to Divest From Gun Retailers

Borough President Brewer issued the following statement today, after the NYC Employee Retirement System’s board voted to divest from gun retailers:

“Today we’ve made a prudent decision that contributes to the growing movement against gun violence while advancing the interests of city pension beneficiaries and New York City as a whole. Gun manufacturers’ and gun merchants’ long-term business model is growing the demand for deadly weapons, then selling those weapons to people who usually don’t need them and often shouldn’t have them. It may be a big-money business today, but it’s a bad investment for the future.”

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