Congressman Ted Deutch (D-FL), a senior member of the House Foreign Affairs Committee and Ranking Democrat on the Middle East and North Africa Subcommittee, issued this statement on the passage of SB 7028 in the Florida legislature:
“I applaud Florida Senator Jeremy Ring’s leadership on the Government Oversight and Accountability Committee, working alongside Senator Sobel, Representative Combee, Senator Don Gaetz and Chief Financial Officer Jeff Atwater to protect Florida’s ability to stop public funds from being invested in companies engaged in business activity with Iran. As the Iranian regime continues funneling money to terrorist organizations like Hezbollah, propping up Assad’s murderous dictatorship in Syria, and launching missile tests in direct violation of international law, state governments must retain the right to divest taxpayer funds from business activity that runs counter to our security interests.”
Before his election to Congress, Deutch served in the Florida State Senate, where he passed the nation’s first law mandating that public pension funds not be invested in companies engaged in business activity in Iran. Most recently, he introduced a House resolution defending the rights of states to maintain divestment laws in the wake of the P5+1 nuclear deal with Iran.