Morrisey: “West Virginia will now fully divest from the Chinese Communist Party!”

State Investment Management Board approves Morrisey's policy to ban investments in companies controlled by Chinese Communist Party

IBM mostly manages state pension funds.

Morrisey: “West Virginia will now fully divest from the Chinese Communist Party!”

Governor Patrick Morrisey announced today his intention for West Virginia to ban investments in in companies owned or controlled by a certain foreign nation.

Resolution Passed to Prohibit State Investments in Companies Owned or Controlled by the Chinese Communist Party - West Virginia Daily News

Charleston, W.Va. (WVDN) – Today, the West Virginia Investment Management Board passed Governor Morrisey’s resolution to ban investments in companies owned or controlled by the Chinese Communist Party (CCP), and to begin a divestment plan from any currently-owned investments in those companies. “The Chinese Communist Party poses a threat to our national security, dodges transparency and legal oversight, and represents a financial risk that we ca…