Updated
Updated · Bloomberg · May 26
Puerto Rico Economic Chief, 12 Officials Resign Over Trust Rift With Governor
Updated
Updated · Bloomberg · May 26

Puerto Rico Economic Chief, 12 Officials Resign Over Trust Rift With Governor

4 articles · Updated · Bloomberg · May 26
  • Sebastián Negrón and about a dozen Puerto Rico officials resigned Tuesday, abruptly shaking the administration’s economic policy team.
  • Negrón, the Economic Development and Commerce secretary, said he and Governor Jenniffer González “no longer trust” each other and that it had become impossible for him to stay.
  • The departures complicate key government initiatives aimed at attracting manufacturing investment and wealthy mainland US residents to the territory.
  • The resignations create fresh uncertainty around Puerto Rico’s economic development agenda under González’s government.
Will the corruption allegations that triggered a mass government resignation now be buried?
With its economic team gone, can Puerto Rico's controversial plan to attract mainland wealth survive?