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Missouri officials look to put financial pressure on Russia

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Top Missouri officials are seeking to put pressure on Russia's finances in response to its invasion of Ukraine.

Missouri Treasurer Scott Fitzpatrick on Tuesday requested an emergency meeting of the Missouri State Employees Retirement System board. The goal is to prevent future purchases of Russian securities. Fitzpatrick also wants to discuss the divestment of existing Russian holdings, as MOSERS holds $13 million in securities worth over $1 billion.

Missouri Senate Minority Leader John Rizzo introduced legislation that would direct state and local governments to divest from Russia and Russian businesses.

Read more from the St. Louis Post-Dispatch.

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