NYU Student Senate Votes 35-14 For Israel Divestment Bill
Image by Wikimedia Commons
New York University’s student government has passed a resolution calling on the school to divest from companies with Israel ties.
The university said it opposes the resolution and would not be moving ahead with it.
In a secret ballot Thursday, the measure passed with 35 votes in favor and 14 against, along with 14 abstentions.
It calls on the university to divest from three companies — Caterpillar, General Electric and Lockheed Martin — that the resolution says has ties to the Israeli military, as well as “any other companies involved in the violation of Palestinian human rights and human rights globally.”
Members of the university’s Student for Justice in Palestine chapter introduced the resolution, which was co-signed by 61 student groups and 35 faculty members.
University spokesman John Beckman said in a statement that the resolution “is at odds with the Trustees’ well understood position that the endowment should not be used for making political statements.”
He also said that implementing the resolution would also face challenges “on an operational level,” since investments are made through funds controlled by financial managers.
NYU President Andrew Hamilton has previously denounced the Boycott, Divestment and Sanctions movement against Israel.
The pro-Israel group StandWithUs condemned the resolution, calling it “discriminatory” and “hateful.”
Earlier this year, more than 50 student groups at NYU signed a resolution supporting BDS and pledging to boycott campus and off-campus pro-Israel groups. In October, more than 30 student groups co-signed an open letter to Hamilton saying they would not cooperate with the NYU Tel Aviv program.
A message from our Publisher & CEO Rachel Fishman Feddersen
I hope you appreciated this article. Before you go, I’d like to ask you to please support the Forward’s award-winning, nonprofit journalism during this critical time.
We’ve set a goal to raise $260,000 by December 31. That’s an ambitious goal, but one that will give us the resources we need to invest in the high quality news, opinion, analysis and cultural coverage that isn’t available anywhere else.
If you feel inspired to make an impact, now is the time to give something back. Join us as a member at your most generous level.
— Rachel Fishman Feddersen, Publisher and CEO
