New York should pull pension funds from Russian state-owned firms, assemblyman says

“This is a horrendous situation,” his spokeswoman Jennifer Freeman said in a statement. “We are closely monitoring the situation in Ukraine and assessing our investment exposure, which appears very limited.” Last week, state Sen. Elijah Reichlin-Melnick (D-Rockland) proposed a bill that would prevent the state from awarding contracts to any company doing business with Russia.