The University of Minnesota Board of Regents rejected anti-Israel activists’ demands to divest from companies with Israeli ties.
The students responded with threats. From Campus Reform:
The decision was announced on Tuesday following a Board of Regents meeting. In a press release, the university announced that a “position of neutrality” will be applied to investments in its Consolidated Endowment Fund.”After careful consideration of all this input, we believe today’s action honors our fiduciary duty and the long-term needs of the University,” said UMN’s Board of Regents Chair Janie Mayeron.Mayeron additionally released a statement explaining the months-long ordeal involving, among other things, expert testimony.“For the past several months, we have sought out expert analysis and a variety of perspectives on how the University invests its Consolidated Endowment Fund,” Mayeron explained. “We have reviewed how this fund operates, how it supports affordable education for students, groundbreaking research, and community engagement, and the possible financial challenges of divestment.”“We’ve also welcomed input from members of our community, and we respect their deeply held perspectives. In the end, it is clear our community is divided on the topic,” Mayeron added.—Anti-Israel students at the university held a news conference after the Board of Regents announced its decision not to divest from companies connected to Israel, saying that they would continue to protest in support of their cause, according to CBS News.“[We’ll] continue to do a lot of the same disruptive actions that we had over the past year,” said UMN student Faye Hodges. “And I think that, again, we don’t want to make the regents’ lives comfortable and our university functioning as usual while our tuition dollars are being spent on something that over 70% of the student body voted against.”
CLICK HERE FOR FULL VERSION OF THIS STORY