Puerto Rico’s treasury secretary resigns

Bonds

Puerto Rico Secretary of the Treasury Teresita Fuentes resigned Friday six months after assuming the post.

Fuentes said her resignation was effective immediately.

Teresita Fuentes, who assumed the position in August, announced her immediate resignation as Puerto Rico’s treasury secretary.

Government of Puerto Rico

She thanked Gov. Ricardo Rosselló for being allowed to serve in the role and she wished him success in his administration.

“Governor, my greatest wish, now that I return to my life as a prudent citizen, is to see a government that shows compassion, that publishes public policy with care and prudence and that seeks to cure and meet the challenges that are presented with love for others, but above all, patriotic love,” Fuentes wrote in a letter to the governor.

Prior to being appointed treasury secretary on Aug. 1, 2018, Fuentes worked as a tax policy advisor to the department.

On Sunday Rosselló thanked Fuentes for her work. He said current Secretary of Internal Revenue Francisco Parés would serve as interim treasury secretary while he searched for a permanent replacement.

In early January 2019 the El Vocero news website reported that the governor told the news site in late December that he was considering replacing several cabinet-level officials in the following weeks.

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