Hochul signs executive order preventing New York State from doing business with Russian entities

ByEyewitness News via WABC logo
Monday, February 28, 2022
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Governor Kathy Hochul signed an executive order on Sunday preventing New York State from doing business or investing in any Russian entities.

NEW YORK (WABC) -- Governor Kathy Hochul signed an executive order on Sunday preventing New York State from doing business or investing in any Russian entities.

"We are no longer going to allow New York State business to transact with Russian entities," Hochul said.

The state will conduct a thorough review of its finances and divest 'state money as well as investments' in 'companies headquartered in Russia or Russian state-sponsored entities.'

Hochul noted the state is home to the country's largest Ukrainian population.

Her sign language interpreter, who grew up in Ukraine, was wearing the Ukrainian flag colors.

RELATED | Defiant Ukrainian president refuses US offer to evacuate: 'I need ammunition, not a ride'

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