John,
Donald Trump’s media company was just added to the Russell 2000 Index, forcing millions of teachers, firefighters, nurses, and public employees to become unwilling investors in his political propaganda machine.
The worst part is that Trump’s company is going down in flames, hemorrhaging $401 million a year on just $3.6 million in revenue. No one should be forced to fund a man whose entire financial history is riddled with bankruptcy, failed scams, and stolen money.
Public pensions are supposed to be safe, diversified, and built for the long haul, not tied to a single politically exposed grifter with criminal convictions and a God complex. We’re demanding action. State legislatures and governors must:
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Bar pension investments in companies run by politically exposed individuals like Trump.
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Exclude businesses with serious ESG or bankruptcy red flags.
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Give public employees the right to a Trump-free pension.
Demand that your governor and legislators protect pensions from Trump’s financial dumpster fire.
Retirement accounts are not a piggy bank for political extremism. By propping up Truth Social, states are legitimizing a weaponized media outlet that spreads disinformation and props up an authoritarian agenda.
Every dollar going into Trump Media helps inflate his ego and keeps his propaganda machine running. Divestment is one of the most powerful economic tools we have to hit Trump where it hurts.
The same playbook used to divest from fossil fuels and apartheid South Africa can, and should, be used here.
Most importantly, workers have the right to a pension free from political risk and Trump’s grift. We owe our public employees better than putting their hard-earned retirement at the mercy of Trump’s next courtroom meltdown or failed business stunt.
With enough pressure, states will have no choice but to pull the plug. Demand full divestment from Trump’s companies and real protection for public pensions now.
It’s time to protect retirements and pull the plug on Trump’s scam.
- DFA AF Team
