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N.Y. Fed President Williams to visit P.R./USVI Mar. 28-29

Federal Reserve Bank of New York President John C. Williams will visit Puerto Rico and the U.S. Virgin Islands on Mar. 28-29 to meet with leaders in the local nonprofit, government, and business sectors, the agency announced.

The trip will focus on
understanding current economic conditions and the continuing recovery efforts
in the aftermath of Hurricanes Irma and María.

On the morning of Mar. 28, Williams
will meet with elected officials to discuss the island’s rebuilding efforts.
From there he will travel to Loíza, where he will visit Centro TAU, a
youth-focused educational institution in the local community.

Later, Williams will have lunch
with members of the Puerto Rico Bankers Association to discuss regional
economic developments and conditions in the banking sector.

In the afternoon, he will
participate in a moderated discussion, where he will share insights about the
economy and answer questions from local business, nonprofit, and higher
education communities.

Following that meeting, he will
go to the Puerto Rico Science Trust for a small business and entrepreneur
roundtable discussion.

On Mar. 29, Williams will meet
with the newly elected USVI Gov. Albert J. Bryan, Jr., to hear about his agenda
and economic plan for the territory. He will then travel to “My Brother’s
Workshop,” a center for at-risk youth in St. Thomas, where he will discuss
workforce development.

Later in the morning, he will
meet with a FEMA director for the Caribbean Area for an update on disaster
recovery efforts. His last engagement will be a lunch meeting with the USVI
Business Community to talk about the health of the small business and tourism
sectors 18 months after the hurricanes, the agency announced.

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This story was written by our staff based on a press release.

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