The PROMESA Financial Board (FOMB) recently sent a strong reply to six of the 34 congressional Democrats who wrote a critical letter to the board three weeks ago. The congressional letter was organized by the incoming chairman of the House committee with jurisdiction regarding PROMESA, Raul Grijalva (D-AZ), and signed by three senators who are… Read more »
Rep. Raul Grijalva (D-AZ) is the incoming chair of the House Natural Resources Committee, the committee which oversees Puerto Rico for Congress. In an interview last week with El Nuevo Dia, Puerto Rico’s largest news source, he outlined his plan for Puerto Rico: He wants to change the relationship between the PROMESA Fiscal Oversight and Management… Read more »
On Dec. 31, 1972, Roberto Clemente died in a plane crash as he was traveling to Nicaragua. The 38 year old baseball giant was delivering aid to earthquake victims. At the time, he lived near Piñones in Loíza, Puerto Rico. Jose Serrano (D-NY), Nydia Velázquez (D-NY), Luis Gutiérrez (D-IL), and Darren Soto (D-FL) have introduced… Read more »
The government of Puerto Rico has acknowledged that the death toll for hurricanes Irma and Maria is probably as much as 20 times higher than the official count of 64. Rep. Nydia M. Velázquez (D-NY) responded, “It has been tragically clear for some time that the devastation from Irma and Maria was many magnitudes worse… Read more »
On the day set aside to celebrate Puerto Rico’s constitution, a group of U.S. senators introduced a bill to forgive Puerto Rico’s debt. Puerto Rico owes more than $70 billion to creditors. Then Governor Alejandro Garcia Padilla declared the debt “unpayable” in 2015. The PROMESA fiscal oversight board was put in place to help, among… Read more »
A group of four Democratic members of Congress led by Rep. Nydia M. Velázquez (D-NY) has introduced legislation to create a national commission to investigate the federal response to the 2017 natural disasters in Puerto Rico. Rep. Velázquez along with Rep. Bennie G. Thompson (D-MS), the Ranking Democrat on the House Homeland Security Committee, and Senators… Read more »
With Hurricane Season 2018 officially beginning, Congress is increasingly talking about Puerto Rico. A lot of the conversations focus on energy. Rob Bishop (R-UT), Chair of the House Natural Resources Committee, has committed to holding a hearing on Puerto Rico in his committee before the end of the month. “We need to look at what… Read more »
A series of letters sent back and forth over the past few weeks highlights the tension growing among Puerto Rico’s elected leaders, the PROMESA oversight board (FOMB), and leaders in Washington. The FOMB was scheduled to approve Governor Rossello’s fiscal plan on March 30th of this year, but still has not done so. It is… Read more »
The final report of the Congressional Task Force on Economic Growth in Puerto Rico expressed concerns about the Puerto Rico Institute of Statistics. The report pointed out the importance of accurate data in government decision making, and listed the many ways in which Puerto Rico is simply left out of U.S. federal government data collection.”In… Read more »
Following Governor Ricardo Rosselló’s announcement to privatize the Puerto Rico Electric Power Authority (PREPA), Rep. Nydia M. Velázquez (D-NY), Rep. Raúl M. Grijalva (D-AZ) and Rep. José E. Serrano (D-NY) wrote today to the Governor requesting additional details on the plan, including assurances on affordable rates and reliable service. “It is evident to us that… Read more »
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