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NYC Mayor Announces Cancellation Of Next Round Of Agency Spending Cuts As A Result Of Strong Fiscal Management, Additional Cuts To Asylum Seeker Spending, Better-Than-Expected Economic Performance

– New York City Mayor Eric Adams today announced the cancellation of the Fiscal Year (FY) 2025 Executive Budget Program to Eliminate the Gap (PEG) for city agencies — a direct result of decisive actions early on by the Adams administration to stabilize the budget through continued strong fiscal management, better-than-expected economic performance in 2023 that…

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“Biden Administration Announces Sweeping Student Debt Relief: President Acts Ahead of Schedule, Cancelling Loans for Over 150,000 Borrowers”

… President Biden announced the approval of $1.2 billion in student debt cancellation for almost 153,000 borrowers currently enrolled in the Saving on a Valuable Education (SAVE) repayment plan. The Biden-Harris Administration has now approved nearly $138 billion in student debt cancellation for almost 3.9 million borrowers through more than two dozen executive actions. The…

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Mayor Adams’ Statement on Supreme Court Decision on Rent Stabilization Laws

New York City Mayor Eric Adams today released the following statement after the United States Supreme Court issued a decision on New York’s rent stabilization laws: “We are pleased that the U.S. Supreme Court has denied the remaining petitions challenging New York’s rent stabilization laws. For 50 years, rent stabilization has kept rents affordable for…

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White House. Readout of President Biden’s Call with President Zelenskyy of Ukraine

President Biden called President Zelenskyy today to underscore the United States’ commitment to continue supporting Ukraine ahead of the two year anniversary of Russia’s brutal invasion. This morning, Ukraine’s military was forced to withdraw from Avdiivka after Ukrainian soldiers had to ration ammunition due to dwindling supplies as a result of congressional inaction, resulting in Russia’s first notable…

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New York City Mayor Announces Four Key Judicial Appointments

– New York City Mayor Eric Adams today announced four judicial appointments to Family Court, Criminal Court, and Civil Court. Specifically, Mayor Adams appointed two Family Court judges, one Criminal Court judge, and one interim Civil Court judge.  “Public safety and justice go hand in hand, and the judges I’m appointing today will help us deliver…

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Emergency Executive Order

NYC Mayor Fulfills Major Street Safety Commitment by Making City Vehicle Fleet Safer

New York City Mayor Eric Adams today issued Executive Order 39, outlining a comprehensive approach to addressing truck and bus safety for the city’s fleet and contracted units. Under the new executive order, and for the first time in the city’s history, city contractors will have new safety requirements, including preparing fleet safety plans, increasing driver…

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