{"id":89249,"date":"2018-03-15T14:26:47","date_gmt":"2018-03-15T18:26:47","guid":{"rendered":"http:\/\/madisoncountycourier.com\/?p=89249"},"modified":"2018-03-15T10:53:21","modified_gmt":"2018-03-15T14:53:21","slug":"coalition-of-41-investors-call-on-u-s-companies-to-oppose-trumps-actions-on-immigration","status":"publish","type":"post","link":"https:\/\/madisoncountycourier.com\/?p=89249","title":{"rendered":"Coalition of 41 investors call on U.S. companies to oppose Trump’s actions on immigration"},"content":{"rendered":"

\"\"Coalition of 41 investors call on U.S. companies to oppose Trump’s actions on immigration<\/strong><\/p>\n

DiNapoli and Stringer lead charge against the president\u2019s executive orders and proclamation<\/em><\/p>\n

Led by state Comptroller Thomas P. DiNapoli and New York City Comptroller Scott M. Stringer, a\u00a0coalition<\/a> of 41 investors today urged U.S. companies to oppose President Donald J. Trump\u2019s repeated actions on immigration, which risk negative repercussions to our nation\u2019s economy.<\/p>\n

\u201cWe\u2019re calling on American companies to embrace inclusive immigration policies and stand against President Trump\u2019s divisive actions that risk damaging our nation\u2019s economy,\u201d DiNapoli said. \u201cMany of the corporations in which we invest depend on immigrants who provide an important hiring pool of talented workers. The president\u2019s actions pose a threat to our economy. They not only limit the talent pool for hiring, but demonize the very people who help build our nation.\u201d<\/p>\n

\u201cWe\u2019re a nation of immigrants \u2013 and an economy of immigrants,\u201d Stringer said. \u201cOur financial future as a city and a country hinges on being inclusive. With President Trump trying to take us backwards, we\u2019re calling on companies to stand up for America\u2019s future by rejecting the hateful \u2013 and economically damaging \u2013 policies coming out of the White House.\u201d<\/p>\n

The coalition of investors, financial advisors, and public labor unions said the president\u2019s actions would damage the economy by limiting the talent pool from which businesses can hire. It urges that actions to strengthen border screening procedures, if necessary, be undertaken in a thoughtful and deliberative manner, consistent with American law and constitutional principles.<\/p>\n

Immigrants constitute 16 percent of the labor force, are more likely to be working, and own their own businesses at a slightly higher rate than U.S. workers overall, according to the statement. Forty-one percent (41 percent ) of Fortune 500 companies were founded by immigrants or the children of immigrants, and leaders of many prominent U.S. companies have been born outside the country, including Google, Pepsi, Coca-Cola, Microsoft, IBM and Adobe.<\/p>\n

As the statement notes, the president\u2019s executive orders and proclamation run counter to America\u2019s economic interests, and ignores the fact that \u201cAmerica\u2019s leading companies are working hard to foster inclusion and respect for diversity, and strong empirical evidence suggests that those that excel in this area reap strong financial rewards for their shareholders.\u201d<\/p>\n

To read the full text of the statement and the list of signatories, visit osc.state.ny.us\/press\/releases\/feb18\/immigration-statement.pdf<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

Coalition of 41 investors call on U.S. companies to oppose Trump’s actions on immigration DiNapoli and Stringer lead charge against the president\u2019s executive orders and proclamation Led by state Comptroller Thomas P. DiNapoli and New York City Comptroller Scott M. Stringer, a\u00a0coalition of 41 investors today urged U.S. companies to oppose President Donald J. Trump\u2019s […]<\/p>\n","protected":false},"author":2,"featured_media":85482,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[23810,8],"tags":[],"class_list":["post-89249","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-wellbeing","category-top-story"],"_links":{"self":[{"href":"https:\/\/madisoncountycourier.com\/index.php?rest_route=\/wp\/v2\/posts\/89249","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/madisoncountycourier.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/madisoncountycourier.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/madisoncountycourier.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/madisoncountycourier.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=89249"}],"version-history":[{"count":0,"href":"https:\/\/madisoncountycourier.com\/index.php?rest_route=\/wp\/v2\/posts\/89249\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/madisoncountycourier.com\/index.php?rest_route=\/wp\/v2\/media\/85482"}],"wp:attachment":[{"href":"https:\/\/madisoncountycourier.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=89249"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/madisoncountycourier.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=89249"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/madisoncountycourier.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=89249"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}