On Nov. 19, 2025, members of Break the Bonds NC, a coalition of Palestine
Solidarity organizations, spoke at a North Carolina Investment Authority
board meeting to demand the state pension fund divest from all Israeli
government bonds. Immediately after the meeting, the state treasurer’s
office emailed a link of the pension’s holdings to Ari Rosenberg, a lead
Break the Bonds NC organizer. The $6.7 million in Israeli bonds that had
been there in June were no longer in the portfolio.

Rosenberg was in disbelief that only five months since the campaign’s
launch, the state had already completely divested. But after receiving
another email from the treasury confirming that the state pension fund no
longer held any Israeli bonds, her disbelief gave way to elation. “I cried
really hard,” Rosenberg said. “And then I recorded a message to my comrades
being like, ‘You won’t believe this.’”

She wasn’t alone. A few weeks prior, organizers in Minnesota and Michigan
received the same good news: that state investment bodies had divested from
or declined to reinvest in Israeli bonds. In total, the three states
dropped approximately $27 million in bonds.

But Israeli bonds remain a contentious issue in many parts of the country,
including New York City, where organizers are pressuring
<https://theintercept.com/2026/01/30/nyc-israel-bonds-mamdani-mark-levine/>
comptroller
Mark Levine not to reinvest after former comptroller Brad Lander divested
in 2023. Mayor Zohran Mamdani opposes reinvestment, setting the stage for a
potential showdown.
https://www.juancole.com/2026/02/campaigns-divestment-millions.html


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