Puerto Rico Debt Advisors Subject to Conflict Disclosure (tags)
After an investigation into potential conflicts of interest in Puerto Rico's debt restructuring, the island's oversight board notes it will increase disclosure requirements for advisors. The investigation began in response to a debt consultant whose affiliate company holds Puerto Rico debt.
Trump Calls for Puerto Rico's Debt to be "Wiped Out" (tags)
In an interview with Fox News on Tuesday, President Trump called for Puerto Rico's debt to be wiped out.
House Passes Puerto Rico Debt Crisis Legislation Senate Poised to Pass Bill Before July 1 (tags)
The House passed Puerto Rico debt crisis legislation 297-127. The Puerto Rico Oversight, Management and Economic Stability Act now heads to the US Senate for approval.
Puerto Rico Debt Bill Heads for Full House Vote (tags)
The House Committee on Natural Resources voted 29-10 to approve Puerto Rico debt legislation for consideration by the full House of Representatives.
Puerto Rico House Approves Utility Reform Bill: Part of Proposed Debt Deal (tags)
Puerto Rico's House of Representatives approved legislation to reform its highly indebted public utility company "PREPA."