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R.I. to pull pension funds from gun makers, private prisons
Providence Journal: Building on a commitment made by his predecessor, General Treasurer Seth Magaziner plans to pull out any residual investments the $8.7-billion state pension fund has in gun makers, and specifically those that manufacture “assault-style weapons for civilian use.″
At a news conference on Wednesday where he was joined by state lawmakers and gun-control activists, Democrat Magaziner also announced the decision earlier in the day by the State Investment Commission, which he chairs, to end investments in companies that operate private prisons.
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