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“The Business Council has a lot of resources that it provided to the community," James Fitzgerald tells the Business Journal. "It’s a little too soon (to discuss a possible resurrection after the coronavirus crisis has passed), but there are all sorts of ideas flying out. We’ll evaluate them when it’s appropriate.”
U.S. Sen. Richard Blumenthal (R-Connecticut) described the federal CARES Act as "imperfect but imperative -- it's not a panacea, and opined that there will be a fourth and fifth, and perhaps a sixth, federal economic stimulus bill as the situation develops.
The move comes less than three months after the board named Erin Flynn its new president and CEO after Chris Bruhl retired from that position after 30 years.
On tolls, Fairfield First Selectwoman Brenda Kupchick said the governor “needs to once and for all just give it up. He’s changed positions so many times, and the way it stands now it’s not going to make anywhere near the money that’s needed.”
“I know it’s happening in Stamford," says the incoming Council president and CEO, "but we need to see if we can capture more of the next generation’s talent base in places like Norwalk and Bridgeport as well.”
The 72-year-old Bruhl, who was with the Business Council for 30 years, described his successor as "a proven, creative, collaborative leader (who will) take a great organization to an even higher level of excellence.”
“We are focusing on what money is going out and what we are getting in return,” the Greenwich resident says. “Ultimately it’s about the cost to the taxpayer – and I am certainly one of those."
A "major production company" relocating here, a tentative time frame for a special session on tolls and a Woodstock mini-festival upstate are all possibilities, the governor said.
“Our business is growing – but I’m not sure if it’s going to continue to do so in Connecticut," says one Danbury business owner.
Hundreds are expected at the Connecticut Supplier Growth Summit at the Stamford Marriott on May 21, which combines the expected trade fair and panel discussions with “Match Maker Meetings,” a kind of “speed dating” approach wherein small business suppliers and larger company buyers are paired off.
Rey Giallongo is also the vice chairman and a member of the board of commissioners of the Stamford Downtown Special Services District.
Ned Lamont "understands the need for economic growth, and the huge burden he’s facing,” says Joseph Brennan, president and CEO of the Connecticut Business and Industry Association. “He’s going to need help.”
While everyone cheers the CTrail Hartford Line's potential for reducing highway traffic, opinion is mixed on how it will affect property values here.
Questions about traffic, increasing casino competition from neighboring states, and the wisdom or breaking the state compact with the tribes operating Mohegan Sun and Foxwoods remain, say several observers.
The commission's report also advocates raising the minimum wage to $15 an hour by 2022, tightening union bargaining rules and cutting state spending by $1 billion a year while adding spending in cities and on transportation.