President Obama has signed into a law a plan that would allow the District to have an interim chief financial officer, the White House said on Wednesday.
The measure that Obama approved allows the D.C. mayor to name an interim fiscal steward if a CFO dies, resigns or is incapacitated. The interim CFO could serve for 210 days.
Both chambers of Congress approved the measure last month on voice votes.
Natwar Gandhi has served as the District's CFO since 2000, but announced earlier this year that he will retire in June. Mayor Vincent Gray has not yet named a replacement.