Call on City Treasurer to cease blanket boycott of Treasury obligations and resume investment in U.S. Treasury backed securities

• Record number: Or2025-0021075
• Type: Order; category: City Council
• Status: In Committee
• Sponsor: Raymond A. Lopez (15th Ward)
• Committee: Committee on Finance
• Submitted Date: Nov 14, 2025
• Introduction Date: Nov 14, 2025
• Official record: Office of the City Clerk

Impact report

Written by AI from the official document. AI can make mistakes; the official document always wins.

This committee report recommends sending a proposal, which asks the City Treasurer to stop a blanket boycott of U.S. Treasury investments and start investing in them again, to the Committee on Finance for review.

Who it affects

• City Treasurer's office: The proposal under review asks the Treasurer to stop refusing all U.S. Treasury investments and to start buying U.S. Treasury-backed securities again.
• City Council Committee on Finance: The Committee on Finance would receive the proposal and review it.

What changes

• The proposal would be moved to the Committee on Finance for review.
• If later adopted, the proposal would ask the City Treasurer to end the blanket boycott of U.S. Treasury obligations.
• If later adopted, the proposal would ask the City Treasurer to resume investing city money in U.S. Treasury-backed securities.