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Treasurer John Chiang to Urge CalSTRS to Divest Holdings in Sellers of Banned Assault Weapons and ‘Bump Stocks’


Oct. 31, 2017

Contact: Marc Lifsher

SACRAMENTO – State Treasurer John Chiang will call on board members to divest CalSTRS holdings in wholesale or retail sellers of military-style assault weapons, ammunition, and other devices such as “bump stocks” that are banned in California.

A gunman used such weapons to kill 58 people and wound more than 500 during a concert Oct. 1 in Las Vegas. Among the dead were dozens of Californians, including three teachers.


WHEN: 9 a.m. Wednesday, November 1, 2017
WHERE: CalSTRS Campus – First Floor Board Room 100 Waterfront Place West Sacramento, 95605
WHO: State Treasurer John Chiang, the brother of a victim in the Las Vegas massacre, and advocates for gun laws.

More Information:

Read full letter sent by Treasurer John Chiang asking CalSTRS to consider divestment in makers and sellers of assault weapons and “bump stocks.”

Live video stream of board hearing will begin at 9 a.m. on Nov. 1, 2017.

For more news, please follow the Treasurer on Twitter at @CalTreasurer, and on Facebook at California State Treasurer's Office.