Story Summary

Reducing gun violence in Chicago

Chicago Mayor Rahm Emanuel and Chicago Police Supt. Garry McCarthy are working to decrease gun violence in the city of Chicago.

Most recently, Emanuel asked city pension and retirement fund managers to divest from gun makers, while McCarthy told the media of five changes he’d like to see in an effort to reduce gun violence.

The mayor and superintendent’s efforts come as Chicago battles continued gun violence. Last year, homicides jumped 16 percent in Chicago to 506.


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The City of Chicago will take one small step to try to reduce the sales of assault weapons.

Mayor Rahm Emanuel plans to attend a gun violence forum at the University of Chicago Tuesday.

The mayor says he is directing the city’s financial officials to examine all of the  investments by the city’s four big pension funds; money will be withdrawn from any investment in a company that makes or sells high-powered rifles.

Chicago’s city comptroller admits there may not be a lot of dollars involved; instead he says Emanuel hopes to inspire other local governments across the country to pull their money out of gun companies.

But there will be no shortage of private investors because gun sales are skyrocketing in response to the political push for gun control; many local gun shops are all but sold out because of a crush of new buyers.

Mayor Emanuel made his case at home and in Washington in the battle against gun violence.

He’s asking the city`s pension funds to make sure they have no investments in companies that make guns.

In Washington, Emanuel urged national legislation that supersedes some local laws, saying that gun laws in neighboring states are undercutting crime fighting efforts in Chicago.

Chicago police put more than two dozen confiscated weapons on display today, including assault rifles that were seized this past week.  Police Superintendent Garry McCarthy is using this as an opportunity to push five changes he would like to see.

The 27 weapons are on display at the 6th District police station, 7808 South Halsted.

One gun may date back to World War II.  There are also three AK-47′s.

These are in addition to the nearly 200 weapons the Police Department displayed last week.  All of the weapons have been seized since January 1.

The five points that Superintendent McCarthy is pushing include universal background checks, mandatory sentencing for illegal gun possession, banning the sale of assault weapons, banning high-capacity magazines, and mandatory recordings of the sale and transfer of all firearms.

“If your car gets stolen or lost, you report that to police.  You’re required to report the sale of your car to the state.  But if you own a firearm, you don’t have to do that,” McCarthy told reporters Monday.  “To me that’s just crazy.”

McCarthy says he does not believe any of the five points violate or infringe on the Second Amendment.

Vice President Joe Biden is scheduled to reveal the recommendations of a gun violence panel set up by the President this week.  McCarthy says he is cautiously optimistic.  He believes major change must come at the federal and state level and he is hoping something significant does come out of this.

Chicago Mayor Rahm Emanuel announced another step in his opposition to assault weapons Monday.

The Mayor is asking city pention and retirement fund managers to review their portfolios, to make sure fund managers are not investing in companies that manufacture or sell assault weapons from their investment plans.

“We cannot support or invest in companies that profit from the proliferation of assault weapons and the violence these guns bring to our communities,” Emanuel said.

The comments came as Chicago battles continued gun violence. Last year, homicides jumped 16 percent in Chicago to 506.

The Illinois General Assembly failed to pass an assault weapons ban in the recently concluded lame-duck session. Last month, a federal appeals court threw out the state’s decades-old ban on concealed carrying of a weapon in public.

The Chicago Tribune contributed to this report.

Chicago officials are fighting violence from several fronts. Illinois Attorney General Lisa Madigan is pushing in the courts for tough gun control laws. And the Chicago police department just revitalized it’s community policing program.
Chicago police superintendent Garry McCarthy spoke with WGN s News at Five to discuss his goals for the program.