Congressman José E. Serrano

Representing the 15th District of New York

Congressman Serrano on President Obama’s Announcement of PROMESA’s Oversight Board Members

Aug 31, 2016
Press Release

Washington, DC – Congressman José E. Serrano today released the following statement in response to President Obama’s announcement of the seven PROMESA Oversight Board members:

“Today’s announcement represents an important step in moving towards finding comprehensive and sustainable solutions to help Puerto Rico finally emerge from the economic crisis it has been going through for years. I applaud President Obama for moving quickly with the appointments and selecting a group of individuals who have vast and diverse professional experiences and who are deeply familiarized with the island. Now the Board must get to work in a collaborative manner with the Puerto Rican government to find solutions that take into consideration the input of different stakeholders and the needs of the Puerto Rican people. Budget cuts alone will not meet either of these requirements.  These solutions should include an effort to resolve the status of Puerto Rico, which has a significant impact on the economy. A change in status would represent the most important economic stimulus for the island’s economy."

Congressman Serrano sent a letter to the Congressional Task Force on Economic Growth in PR to include the Island’s Status, Key Health Care Areas, Federal Poverty Programs, and Energy Reform in Group’s Agenda. Click here to read the letter: https://serrano.house.gov/media-center/press-releases/congressman-serrano-asks-congressional-task-force-economic-growth-pr

Congressman José E. Serrano has represented The Bronx in Congress since 1990.