Sentences with phrase «finance authority chairman»

Nassau Interim Finance Authority chairman Jon Kaiman said the board «may» reject the plan when it meets Friday, but it's unclear whether there will be any immediate budget cuts.

Her findings pressured Nassau County Executive Edward Mangano to appoint a panel led by former Nassau Interim Finance Authority chairman Frank Zarb and accept its recommendation to improve the process.

Nassau Interim Finance Authority chairman Jon Kaiman said Saturday the control board would hold a special meeting to consider halting raises that several elected officials recently gave their appointed staff members, despite a three - year wage freeze.

Nassau Interim Finance Authority Chairman Jon Kaiman said the raises appear to be covered in the district attorney's budget, which increased from $ 34.6 million in 2015 to $ 36.1 million in 2016, according to county budget documents.

Not exact matches

The Labor Department's proposal also has its share of critics on Capitol Hill, including Sen. Orrin Hatch (R - Utah), the new chairman of the Finance Committee, who argues that DoL is attempting to regulate outside its proper jurisdiction, and has authored legislation that would enshrine regulatory authority over the IRA sector within the Treasury Department.

Mark Yallop, chairman of the FICC Markets Standards Board and board member of the Prudential Regulation Authority, takes up another finance role

«It's important that the powers granted by the Nassau Interim Finance Authority (NIFA) enabling statute remain intact in order for the board to fulfill its mission to protect the state and county,» NIFA Chairman Adam Barsky said in a statement.

They were Chairman of the Board of the Nassau Interim Finance Authority and Special Adviser to Governor Cuomo on Long Island Superstorm Sandy Relief, a post that pays $ 153 thousand annually.

From left: Nassau County Interim Finance Authority (NIFA) board members Christopher P. Wright, chairman, Adam Barsky, and member John R. Buran, at a meeting in Uniondale, Tuesday evening, April 18, 2017.

Cuomo's hand - picked MTA chairman Joe Lhota gave a quick history lesson of the history of the authority, explaining that the city owns the assets of MTA sub-agency New York City Transit and the state only stepped in to fund the first capital plan in 1981 because the city's finances were a mess and the subways were a disaster.

Kaiman, who announced last Sunday he would leave his state posts as chairman of the Nassau Interim Finance Authority and special adviser to Gov. Andrew M. Cuomo on storm recovery to run for the congressional seat held by retiring Rep. Steve Israel (D - Huntington), said he was not familiar with the scope of Terry's financial problems.

Jon Kaiman, chairman of the Nassau Interim Finance Authority, called the race «an exciting proposition» and said he is «looking at it very seriously.»

Jon Kaiman at his first meeting as chairman of the Nassau Interim Finance Authority in October 2013.

The loan must be approved by the Public Authorities Board, which includes Gov. Andrew Cuomo's budget director Bob Megna, Assembly Speaker Sheldon Silver and Senate Finance Committee Chairman John DeFrancisco.

Frank Zarb, former chief executive of Nasdaq and the original chairman of the Nassau Interim Finance Authority, will lead a task force to address persistent deficits in the county's $ 3 billion budget.

Kaiman, 53, of Great Neck, said he will give up his $ 153,000 - a-year job as a special adviser to Gov. Andrew M. Cuomo for Sandy storm relief, as well as his unpaid post as chairman of the Nassau Interim Finance Authority within the next week to 10 days.

Days later, with aides still unpacking boxes, a two - page letter arrived from Ron Stack, then chairman of the Nassau Interim Finance Authority, a state monitoring board that has been overseeing the county's finances since 2011, ordering Mangano to revise his budget to make up for the lost revenue.

Brodsky said he was an adviser on information technology to Suozzi when Suozzi was Nassau County executive in the 2000s and that he also was an adviser to Kaiman when Kaiman was the North Hempstead Town supervisor for a decade and later chairman of the Nassau County Interim Finance Authority.

But the loan request was halved at the Public Authorities Control Board meeting last month by the panel's three members: Senate Finance Chairman John DeFrancisco, Gov. Andrew Cuomo's budget director Bob Megna and Assembly Speaker Sheldon Silver.

As Jon Kaiman prepares to run his final meeting tomorrow as chairman of the Nassau Interim Finance Authority before stepping down to run for Congress, speculation about his potential replacement is beginning.

Gov. Andrew M. Cuomo has named former New York City budget director Adam Barsky as chairman of the Nassau Interim Finance Authority, but the state oversight board will soon be down another member.

Kaiman, who also served as chairman of the Nassau Interim Finance Authority, said he had a record of navigating «complex» issues and could handle the demands of a district that spans three counties.

The Port Authority of New York and New Jersey on Wednesday approved spending $ 90 million on repairs to its decrepit Midtown bus terminal, but its new board chairman said a full replacement of the 65 - year - old facility will take at least a decade to finance, design and build — if not longer.

Adam Barsky, chairman of the Nassau Interim Finance Authority, a state oversight board in control of the county's finances, said the GOP amendments fail to comply with their directive that fee hikes be replaced with recurring revenue increases or budget savings.

Kaiman also served as unpaid chairman of the Nassau Interim Finance Authority, also appointed by Cuomo.

Dwyer, Rink testified, had a good relationship with Jon Kaiman, who had worked for the governor on Sandy recovery and is chairman of the Nassau Interim Finance Authority, which approves county spending.

«The ability to freeze wages is an essential tool for a control board,» said Ronald A. Stack, chairman of the Nassau County Interim Finance Authority, adding that it «can help avoid more severe labor cost - saving measures such as layoffs or furloughs.»

To ingratiate himself with Mangano, Cuomo in 2013 appointed local political hack Jon Kaiman as chairman of the Nassau County Interim Finance Authority (a state control board on which I served as a director from 2010 to 2014) instead of appointing a municipal - finance Finance Authority (a state control board on which I served as a director from 2010 to 2014) instead of appointing a municipal - finance finance expert.

In the end, the Legislature did not include the $ 100,000 in the budget, but Chairman Ryan McMahon asked an independent public authority to finance it with money it generates from bond sales.

Adam Barsky, chairman of the Nassau Interim Finance Authority, or NIFA, the county's third - party financial control board, also said rules governing overtime and mandatory positions filled — known as minimum manning clauses — do not provide flexibility to control escalating personnel costs.

He was the Deputy Mayor for Economic Development and Finance in the administration of Mayor Giuliani from 1994 to 1996 and served as the Chairman of the New York Power Authority from 1979 to 1985, where he enhanced the safety and economics of two nuclear power plants then owned and operated by the Authority.

Worried that the bill may gain support during the bargaining that occurs at the end of every legislative session, the chairman of the Nassau Interim Finance Authority went on record against the proposal Wednesday.

LIPA's reputation as a publicly financed reward center for those with powerful allies has followed the authority for more than a decade, dating to the tenure of former chairman Richard Kessel — himself a well - connected figure in both Democratic and Republican state politics.

He has held leadership positions in many organizations including Chairman of the New Jersey Bankers Association, President of the Community Bankers Association of New Jersey, and Vice-Chairman of the New Jersey Healthcare Facilities Finance Authority.

He served as the Chairman of the Board of the California Consumer Power and Conservation Financing Authority.

MORE ABOUT S.DAVID FREEMAN - In January 2001, in response to the California energy crisis, Freeman was appointed by Governor Gray Davis to serve as the Chairman of the California Consumer Power and Conservation Financing Authority and as Governor Davis» senior energy advisor.

Most recently, Mr. Walder was the Chief Executive Officer of MTR Corporation in Hong Kong: he was previously Chairman and Chief Executive Officer of the Metropolitan Transportation Authority (MTA) in New York; and Managing Director of Finance and Planning at Transport for London.

General insuance companies will meet the chairman of Insurance Regulatory and Development Authority (Irda) over the finance ministrys decision to more than halve the increase in premium on

Earlier this week, Singapore's deputy prime minister and Chairman of the Monetary Authority of Singapore (MAS), Mr. Tharman Shanmugaratnam, sought to clarify Singapore's anti-money laundering (AML) and countering the financing of terrorism laws (CFT) with regards to cryptocurrency.

Tharman Shanmugaratnam, Singapore's deputy prime minister and chairman of Monetary Authority of Singapore (MAS), said in a written response to MPs yesterday that cryptocurrency and related trading activity currently do not pose any threat to Singapore's finance system.