Earlier this month, University of California at Riverside, a campus in the UC system, reached a negotiated settlement with the encampment organizers on the campus which will allow the peaceful deconstruction of the university encampment. Initial reports suggested that UCR had in the agreement opened the door to possible disinvestment. But it’s more complicated than that. The individual UC schools don’t control their endowments. They are controlled by an investment office for the whole system. They agreed to create a task force to “explore the removal of UCR’s endowment” from that central office and if that can happen to invest “in a manner that will be financially and ethically sound,” with a particular emphasis on arms manufacturers.

A new episode of The Josh Marshall Podcast is live! This week, Kate and Josh discuss Kristi Noem’s epic self-immolation, presidential polling and the latest in Trump’s many trials.

You can listen to the new episode of The Josh Marshall Podcast here.