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November 23, 2024
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NYC. Recognizing Adams Administration’s Successful Fiscal Management, Leading Independent, Credit Rating Agencies Affirm New York City’s Strong Financial Standing

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NEW YORK – New York City Mayor Eric Adams today highlighted recent affirmations of the city’s bond ratings based upon strong fiscal management by four internationally-recognized, independent credit rating agencies — Moody’s Investors Service, S&P Global Ratings, Fitch Ratings, and Kroll Bond Rating Agency (KBRA). Maintaining a strong bond rating is an indication of the city’s…

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Emergency Executive Order

NYC Mayor Announces Two-Year Suspension for Professional Engineer Following Investigation Into December 2023 Bronx Building Collapse

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 – New York City Mayor Eric Adams and New York City Department of Buildings (DOB) Commissioner Jimmy Oddo today announced the signing of an agreement with professional engineer Richard Koenigsberg related to his negligence in inspecting and identifying structural elements of a building located at 1915 Billingsley Terrace, leading up to a partial collapse that…

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

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… 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

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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

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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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