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

[Legislation tracker](https://www.chicagopolitics.org/tracker) › [Finance](https://www.chicagopolitics.org/committee/finance) › [15th Ward: Raymond A. Lopez](https://www.chicagopolitics.org/ward/15)

- Record number: **Or2025-0021075**
- Type: Order; category: City Council
- Status: In Committee (Re-Referred)
- Sponsor: [Raymond A. Lopez](https://www.chicagopolitics.org/ward/15) (15th Ward)
- Co-sponsors (2): [Anthony V. Napolitano](https://www.chicagopolitics.org/ward/41) (41st Ward), [Brendan Reilly](https://www.chicagopolitics.org/ward/42) (42nd Ward)
- Committee: [Committee on Finance](https://www.chicagopolitics.org/committee/finance)
- Submitted Date: Nov 14, 2025
- Introduction Date: Nov 14, 2025
- Official record: [Office of the City Clerk](https://chicityclerkelms.chicago.gov/Matter/?matterId=72E30D70-A5C1-F011-BBD2-001DD80C6CBA)

## Impact report

> Written by AI from [the official document](https://www.chicagopolitics.org/files/clerk/matterattachmentspublic/8f5499c8-3565-4220-a171-0438ae8b3a0c.pdf). 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.

## Timeline

- Nov 14, 2025: Referred, City Council. Two committees having been called, the Committee on Finance and the Committee on the Budget and Government Operations, the matter was Referred to the Committee on Committees and Rules (Pursuant to Council Rule 42).
- Jul 9, 2026: Recommended for Re-Referral, Committee on Committees and Rules. The matter was recommended for Re-Referral by controlling legislative body.
- Jul 15, 2026: Referred, City Council. The matter was Referred to Committee.

## Documents

- [7.15.26 CCR Report to Council - Item 5.pdf](https://www.chicagopolitics.org/files/clerk/matterattachmentspublic/8f5499c8-3565-4220-a171-0438ae8b3a0c.pdf) (Committee Letter)
- [w15,41,42 - order city treasurer.pdf](https://www.chicagopolitics.org/files/clerk/matterattachmentspublic/2334fa06-c55a-4d46-8bca-96870f4a81d5.pdf) (Legislation)

## Related legislation

**More from Raymond A. Lopez**

- [Approval of Canaryville Resubdivision](https://www.chicagopolitics.org/matter/O2026-0029471-approval-canaryville-resubdivision) (O2026-0029471, introduced Oct 14, 2026, Referred)
- [Establishment of "Senior Citizen Property Tax Holiday" in effect from September 1, 2026 through December 24, 2026 in City of Chicago](https://www.chicagopolitics.org/matter/O2026-0027485-establishment-senior-citizen-property-tax-holiday) (O2026-0027485, introduced Sep 23, 2026, Referred)
- [Amendment of Municipal Code Section 2-45-165 by including additional review and decision-making criteria when considering revocation of…](https://www.chicagopolitics.org/matter/SO2026-0027237-including-additional-review-decision-making-criteria) (SO2026-0027237, introduced Jul 15, 2026, Passed as Substitute)

**More on City Council**

- [Tribute to late Michael Keller Ditka](https://www.chicagopolitics.org/matter/R2026-0029456-tribute-late-michael-keller-ditka) (R2026-0029456, introduced Oct 14, 2026, Referred)
- [Submission of public question by referendum to 40th ward voters at February 23, 2027 election on whether Chicago should support moratorium…](https://www.chicagopolitics.org/matter/R2026-0029440-submission-public-question-referendum-40th-ward) (R2026-0029440, introduced Oct 14, 2026, Referred)
- [Submission of public question by referendum to Chicago 30th Ward voters on February 23, 2027 election on support for adoption of ranked…](https://www.chicagopolitics.org/matter/R2026-0029263-submission-public-question-referendum-chicago-30th) (R2026-0029263, introduced Oct 14, 2026, Referred)

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Source: https://www.chicagopolitics.org/matter/Or2025-0021075-call-city-treasurer-cease-blanket-boycott · Chicago Politics, an independent tracker of the Chicago City Council. Guide for agents: https://www.chicagopolitics.org/llms.txt