PROVIDENCE, R.I. (AP) — The Rhode Island public pension fund will stop investing in companies that operate private prisons and make “assault-style” weapons for sale to civilians, Treasurer Seth Magaziner announced Wednesday.
Magaziner has scheduled a news conference for later Wednesday to announce details.
Erica Keuter, of East Greenwich, a survivor of the October 2017 shooting at a country music festival in Las Vegas that killed 58 people, is scheduled to attend.
Only three other state pension funds have taken similar action, and Rhode Island is the first to announce divestment from both private prisons and assault weapons manufacturers at the same time, Magaziner’s office said in a statement.
