NV TREASURER (D) ZACH CONINE INVESTED $50 MILL IN CHINESE BANK WITH NV $$

Oct 10, 2022

Rob Lauer Political Reporter

Democrats have been under fire this year for their close ties to the Chinese Communists at the national level after gifting them hundreds of millions of dollars in U.S. tax dollars in Green New Deal projects across the country. Here in Nevada, Gov. Sisolak gave $8 million in Nevada tax credits to a mining company whose largest shareholders are Chinese Communist Party members.

360 News has uncovered that our own State Treasurer, Zach Conine, has invested at least $50 million of Nevada funds in a Communist Chinese-owned bank according to the Nevada State Treasurer’s office executive director, Steven Hill. But when pressed on the exact amount of money Nevada is investing in Communist Chinese-controlled banks, he hesitated. 360 News looked for more information about funds invested in Chinese-controlled banks on the Nevada state’s website but could not find anything.

But Mr. Hill was very specific in his response when asked about investments in Israel. He stated with certainty that the state of Nevada has $10 million invested in Israeli bonds.

(D) Zach Conine  is campaigning on removing state funds from American firearms companies, claiming that it violated his ethics. Conine’s office identified about $89 million in investments that would be subject to the new policy in June of this year.

“We have a moral obligation not to just offer thoughts and prayers but to act. “

360 News reached out to Treasurer Zach Conine about the State funds invested in Chinese Controlled banks. Zach acknowledged the state investment in an email back to us

 “Regarding the CCP-controlled banks, I’m assuming you’re referring to the state’s investment in the bonds of the Agricultural Bank of China”