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Chicago’s Financial Leadership in Crisis | Chicago News
Description
Chicago’s top budget official, Annette Guzman, has resigned just weeks after two other key financial leaders exited — a stunning leadership shakeup at a critical moment as Mayor Brandon Johnson prepares for an investor conference and faces a $1 billion budget shortfall and a $36 billion pension crisis. Once the mayor’s go-to on fiscal matters, Guzman’s departure — framed as a family-focused exit — comes amid growing scrutiny over blame-shifting and financial missteps. With credit ratings already downgraded and investors watching closely, the city’s financial future hangs in the balance.
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