Jersey Leader Accuses Christie of Trying to "Force" Atlantic City into Bankruptcy

January 30, 2015 AT 10:45 AM

New Jersey Senate President Stephen Sweeney accused Gov. Christie on Thursday of trying to "force" Atlantic City into bankruptcy, and said he would sue to block such a move. Sweeney (D., Gloucester) criticized Christie's hiring of an emergency manager and a consultant to take charge of the embattled resort. Christie, a Republican considering a run for president in 2016, issued an executive order last week installing Kevin Lavin as emergency manager and tapping Kevyn Orr as a consultant. Orr led Detroit through the largest municipal bankruptcy in U.S. history. Christie's move provoked an immediate downgrade of Atlantic City's credit rating, which interfered with its plans to sell short-term notes.

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