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Indiana State Treasurer Daniel Elliott invests $5 million more in Israeli bonds

Indiana State Treasurer Daniel Elliott invested $35 million in Israeli bonds in November 2023 before announcing an additional $5 million bond purchase in May 2024.
Indiana State Treasurer Daniel Elliott invested $35 million in Israeli bonds in November 2023 before announcing an additional $5 million bond purchase in May 2024.

Indiana State Treasurer Daniel Elliott announced Wednesday he’s investing more state dollars in Israeli bonds.

The new $5 million investment follows a  $35 million purchase Elliott made last November. That brings the state’s total investment in the state of Israel up to $110 million.

Critics of the move last year said it amounted to support of the genocide of Palestinians. Those cries have only grown louder in recent months. And protests on college campuses across the country in recent days — including, notably,  at Indiana University — have called on universities to divest from Israel.

READ MORE: Indiana purchases $35M in Israeli bonds. Advocates say it supports the 'genocide of Palestinians'

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In a statement, Elliott indicated this latest bond purchase is a  reaction to that. He said he wants to “refocus and recommit to our most important ally.”

Brandon is our Statehouse bureau chief. Contact him at  bsmith@ipbs.org  or follow him on Twitter at  @brandonjsmith5 .

Brandon J. Smith has previously worked as a reporter and anchor for KBIA Radio in Columbia, MO. Prior to that, he worked for WSPY Radio in Plano, IL as a show host, reporter, producer and anchor. His first job in radio was in another state capitol, in Jefferson City, as a reporter for three radio stations around Missouri. Brandon graduated from the University of Missouri-Columbia with a Bachelor of Journalism in 2010, with minors in political science and history. He was born and raised in Chicago.