00:00New York City Mayor Eric Adams
00:29has signed a sweeping new executive order aimed squarely at stopping the city from taking
00:35part in any investment decisions that discriminate against Israel, a move widely seen as a direct
00:42challenge to his incoming successor, Zoran Madani, a vocal supporter of the BDS movement.
00:49Announced Wednesday night at the North American Mayor's Summit against anti-Semitism in New
00:54Orleans, the order bars New York City from making business or pension decisions based
01:01on political boycotts targeting Israel.
01:04Adams praised what he called the long, deep partnership between New York City and the
01:09state of Israel, emphasizing both economic and cultural ties.
01:14New York is home to the largest Jewish population outside Israel.
01:18Adams condemned what he described as a troubling rise in targeted harassment of Jewish New Yorkers.
01:26He said the new measures ensure that city government will not participate in discriminatory practices
01:32and will protect residents' right to worship freely.
01:37New York City currently has over $300 million of those pension funds tied to Israeli assets.
01:43Under the new order, trustees appointed by the mayor must oppose any effort to divest from investments
01:51connected to Israel on the basis of national origin.
01:55Adams, who is a consistent ally of Israel, has recently launched the New York City Israel Economic Council
02:02to boost trade and technological cooperation, and previously signed an order
02:08adopting the International Holocaust Remembrance Alliance definition of anti-Semitism.
02:13That definition includes demonizing Israel and applying double standards, tactics at the
02:20heart of the BDS movement, supported by mayor-elect Mamdani, who takes office January 1, 2026.
02:28The executive order now forces Mamdani to decide whether he will uphold Adams' directive
02:34or rescind it once he becomes mayor.
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