Illinois State Treasurer Mike Frerichs has announced that his office will invest $10 million in Israel in response to Hamas’ attack on the country last week.
This investment is the latest that Frerichs’ office has made since he became the treasurer in 2015, totaling over $100 million.
He explained that the investment diversifies the state’s portfolio, draws attention to the partnership between the state’s economy and Israel and achieves a good return from what he described as a safe investment.
By KEVIN BESSLER with the Illinois Radio Network
