Protests at Illinois treasurer offices in Chicago, Springfield over renewal of $15M investment in Israel Bonds

Chicago, IL On Wednesday afternoon, February 25, dozens of demonstrators gathered downtown Chicago at the State Building, carrying signs that read “Zionism, like apartheid, cannot last” and “Stop buying Israel Bonds.”

This protest, organized by Boycott, Divest, Sanction (BDS) Chicago – a project of the United States Palestinian Community Network (USPCN), and Anti-War Committee Chicago – was called after Illinois Treasurer Michael Frerichs announced in early February that he would renew Illinois’ investment in two Israel Bonds, totaling $15 million together.

“We are here today outside Illinois Treasurer Michael Frerichs’ office because for over a year, his constituents, Illinois taxpayers, pension holders, and community members have been consistently coming to him with one simple demand; And that is to divest our public funds from genocide!” said Noura Ebrahim, an organizer of BDS Chicago, opened up the rally.

Michael Frerichs released a statement about the renewal of the bonds on February 5. Ahead of the February 1 bond expiration deadline was a mounting pressure campaign demanding Frerichs not renew the two expiring investments in Israel Bonds. Calls and emails from constituents were left unanswered by Frerichs’ offices, and phone lines disconnected. Despite the elevated calls for divestment, Michael Frerichs remains committed to investing Illinois taxpayer dollars in Israel Bonds. 

Wednesday’s event was organized as part of a statewide campaign of the Illinois Divest from Genocide Network, made up of 56 organizations across Illinois demanding divestment of Illinois public funds from genocide. While demonstrations took place outside of Frerich’s Chicago office, Illinois residents and organizers with the Illinois Divest From Genocide Network in Springfield gathered to demonstrate in front of the Treasurer’s Springfield office. Michael Frerichs was confirmed to be at his Springfield office during the time of the rally.

Although Illinois investment in two Israel Bonds has been renewed, activists vow to continue to demand the end of the treasurer’s appropriation of taxpayer dollars to aid in the genocide of Palestinians in Gaza and the West Bank. 

“We will keep showing up, we will keep organizing. No police violence will intimidate or stop us. And we will keep exposing his hypocrisy until every single Illinois dollar is divested from genocide, and reinvested here at home,” Ebrahim stated.

#ChicagoIL #IL #AntiWarMovement #Palestine #BDS #USPCN #AWCChicago