Chicago taxpayers should be alarmed by Treasurer Melissa Conyears-Ervin’s decision to divest taxpayer dollars from U.S. Treasuries as a political protest. This isn’t responsible fiscal management. It’s dangerously unserious, and the city cannot afford it.
As a Cook County commissioner who has spent the last decade scrutinizing budgets, debt structures, liquidity needs and fiscal policy across multiple levels of government, I feel compelled to raise a serious concern regarding the city treasurer’s public announcement.
Treasuries are the safest, most liquid instruments available to any municipality. They protect payroll, stabilize cash flow and safeguard pension dollars. Walking away from them to make a partisan statement is a breathtaking violation of fiduciary duty, especially when Tre

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