Gov. Lee: Tennessee has no money ties to Russia

NASHVILLE, Tenn. (AP) — Gov. Bill Lee’s office said this week that Tennessee does not have state investments with Russian companies after previously asking treasurer officials to investigate.

Lee put in the request as governors and lawmakers across the U.S. are seeking to tighten the financial squeeze on Russia over its war against Ukraine.

A spokesperson for Treasurer David Lillard later said that the state’s retirement fund has been protected from “direct investment exposure to countries such China and Russia” for more than a decade.

Also on Monday, Senate Speaker Randy McNally introduced a resolution calling on the U.S. to limit Russian banking, expel Russian diplomats and ban Russian imports.