Leaders of Puerto Rico's Private Sector Coalition continued their push in Washington DC for the enactment of economic development measures for the commonwealth as the true way out of the fiscal crisis.
U.S. Senator Maria Cantwell (D-Wash.), ranking member of the Senate Energy and Natural Resources Committee, along with Minority Leader Harry Reid and 44 other Democrats and Independents in the Senate, wrote to Leader Mitch McConnell urging bipartisan, legislative action to give Puerto Rico access to the appropriate financial restructuring tools.
Concrete ideas for creating jobs, especially for recent graduates, and a strong commitment to jump-start the economy were the result of the recent meeting between representatives of the Private Sector Coalition and the Federal Reserve Bank of New York, which established agreements to work together to benefit Puerto Rico’s competitiveness.
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