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Rosselló meets with US Treasury Secretary

By on February 24, 2017


Gov. Ricardo Rosselló and U.S. Treasury Secretary Steve Mnuchin (Courtesy)

Gov. Ricardo Rosselló and U.S. Treasury Secretary Steven Mnuchin (Courtesy)

SAN JUAN – With just four days to present to the fiscal control board his plan to address Puerto Rico’s financial situation, Gov. Ricardo Rosselló met with U.S. Treasury Secretary Steven Mnuchin Friday and discussed the “economic reform measures” his administration has carried out to date.

As first reported last week by Caribbean Business, the governor sought to meet at some point during his trip at the U.S. capital with Treasury staff with the objective of reestablishing a relationship between the federal agency and the government of Puerto Rico on the debt-restructuring issue and the Promesa federal law.

The governor added at the time that he would be seeking “a series of meetings with different members of the administration [of President Donald Trump].”

According to the press release issued Friday by La Fortaleza, Rosselló said his administration “is committed to establishing a working relationship with the Treasury, and will continue to foster open dialogue with Secretary Mnuchin to advance Puerto Rico’s economic transformation.”

The governor also met with Health and Human Services Secretary Tom Price regarding the potential loss by 2018 of about $1 billion in federal healthcare funds.

Rosselló traveled to Washington, D.C., on Wednesday to attend the National Governors Association Winter Meeting, which begins Friday and ends Monday.

Rosselló is expected back on the island Monday, the day before the administration’s deadline to deliver his draft of the fiscal plan requested by the board. Justice Secretary  Wanda Vázquez is serving as interim governor.

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