New York Fed President Dudley to Visit Puerto Rico on November 28 and 29

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Media Advisory

New York Fed President Dudley to Visit Puerto Rico on November 28 and 29

November 16, 2016

NEW YORK – Federal Reserve Bank of New York President William C. Dudley will visit Puerto Rico on November 28 and 29 to meet with leaders in the local community, government, business and education sectors.

Community and economic development: President Dudley will meet members of El Colaboratorio, a shared workspace organized by the Foundation for Puerto Rico where organizations can collaborate on their ideas and resources to contribute to Puerto Rico's future development. He will also meet with leadership from Parallel18, an economic development initiative that attracts early stage, high-impact startups to Puerto Rico, to discuss their efforts to help diversify and jumpstart economic development. He also will join the leadership of the Boys and Girls Clubs of Puerto Rico for a discussion on the organization's initiatives and a site visit to learn about youth programs and services.

Government: President Dudley will meet with Puerto Rico Governor-Elect Ricardo Rosselló to discuss the transition into his new role and considerations for his upcoming term.

Local businesses and financial institutions: President Dudley will have a roundtable discussion with New York Fed advisory council members and members of the Puerto Rico Chamber of Commerce. He will also meet with representatives of Puerto Rico's manufacturing and service industries and leaders from the public and private sectors that represent or focus on financial institutions across the Island.

Education: President Dudley will meet with leadership from the University of Puerto Rico and will deliver remarks about opportunities for economic growth on the Island. In his remarks, President Dudley will discuss lessons learned from U.S. municipalities that have faced similar crises over the years, such as New York City, and what those experiences might mean for Puerto Rico.

Remarks on Opportunities for Economic Growth in Puerto Rico
Date: November 29, 2016
Time: 8:15 a.m. EST (9:15 a.m. AST, local time)
Location: Puerto Rico Convention Center
100 Convention Boulevard
San Juan, P.R. 00907

Text and Q&A are expected. Press may register by contacting Suzanne Elio or Betsy Bourassa at Suzanne.Elio@ny.frb.org or Betsy.Bourassa@ny.frb.org.

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