Chair Lee opens EDC FY27 Executive Budget Hearing

Good afternoon, everyone, and welcome to the third FY27 Executive Budget Hearing for the day, focusing on New York City Economic Development Corporation.

So we're going to be monitoring the student loan marketplace.

So we're going to be monitoring the student loan marketplace.

So we're going to be monitoring the student loan marketplace.

I'm Councilmember Linda Lee, and I'm pleased to be joined by our speaker, Julie-Menin, as well as Chair Virginia-Maloney, Chair of the Committee on Economic Development.

So we're going to be monitoring the student loan marketplace.

So we're going to be monitoring the student loan marketplace.

So we're going to be monitoring the student loan marketplace.

And we have been joined today by our Deputy Speaker, Councilmember Brewer, Councilmember Thomas Henry.

So we're going to be monitoring the student loan marketplace.

So we're going to be monitoring the student loan marketplace.

And I think that's it for now.

Okay.

So we're going to be monitoring the student loan marketplace.

So welcome to our interim president and CEO, Jeannie Pak, and to your team.

So we're going to be monitoring the student loan marketplace.

So we're going to be monitoring the student loan marketplace.

And I just have to say this for the record, sister from another mister, as a fellow Korean, it's very, we don't see this often where there's Korean American women, especially.

So we're going to be monitoring the student loan marketplace.

So we're going to be monitoring the student loan marketplace.

So we're going to be monitoring the student loan marketplace.

Who are in positions like this.

So we're going to be monitoring the student loan marketplace.

So very happy to see you in this role.

So we're going to be monitoring the student loan marketplace.

So I just wanted to say that.

Thank you so much.

So we're going to be monitoring the student loan marketplace.

Likewise.

Yay.

So we're going to be monitoring the student loan marketplace.

Thank you all for joining us today to answer our questions.

So we're going to be monitoring the student loan marketplace.

And on May 12, 2026, the administration released the executive financial plan for fiscal 26 to 2030 with a proposed FY27 budget of $124.7 billion.

So we're going to be monitoring the student loan marketplace.

So we're going to be monitoring the student loan marketplace.

So we're going to be monitoring the student loan marketplace.

So we're going to be monitoring the student loan marketplace.