Members of Congress continued to express their support for Puerto Rico on the floor of the Senate and House of Representatives last Thursday. On the Senate floor, remarks were heard from: Senator Mitch McConnell (R-KY), Senator John Cornyn (R-TX), Senator Charles Schumer (D-NY), Senator Richard Blumenthal (D-CT), Senator Ben Sasse (R-NE), and Senator Bryan Schatz… Read more »
New Jersey Senators Bob Menendez (D) and Cory Booker (D), led a group of eight of their colleagues in writing to Senate Majority Leader Mitch McConnell (R-KY) and Speaker of the House of Representatives Paul Ryan (R-WI) requesting that Congress be allowed to swiftly take up legislation that provides the necessary help to the U.S…. Read more »
House Speaker Paul Ryan (R-WI) and Democratic Leader Nancy Pelosi (D-CA) issued statements today in support of helping Puerto Rico in the aftermath of Hurricane Maria. “The stories and images coming out of Puerto Rico are devastating,” Ryan said in a prepared statement. “Congress is working with the administration to ensure necessary resources get to… Read more »
The Republican National Committee approved on Friday a resolution affirming equal citizenship for all Americans. The resolution was tailored to the United States territories of Puerto Rico, Guam, the Virgin Islands and the Northern Mariana Islands. “All American citizens, regardless of their sex, race, color, ethnicity, religion or creed, are entitled to the full enjoyment… Read more »
The Puerto Rico Financial Oversight and Management Board (FOMB), created by the PROMESA law, has been the subject of a number of complaints and concerns from members of the U.S. Congress. There have also been complaints about the board directed to the U.S. Congress. On June 15, Congressman Rob Bishop (R-UT), Chairman of the House… Read more »
Although House Speaker Paul Ryan (R-WI) has refused to endorse Donald Trump for president at this time, there is at least one issue on which the two Republican leaders agree: restructuring Puerto Rico’s debt. “I think you could restructure [Puerto Rico’s] debt without a bailout,” the presumptive Republican presidential nominee said on Fox News Thursday, as also… Read more »
PROMESA (Puerto Rico Oversight, Management, and Economic Stability Act), the House bill designed to help Puerto Rico get past the current debt crisis, has been widely criticized. From Puerto Rico’s leaders, who are concerned about the amount of control the proposed fiscal oversight board could have, to conservative Republicans who fear the bill could “reward”… Read more »
Speaker Paul Ryan (R-WI) received a letter recently from John B. Larson (D-CT), Rosa DeLauro (D-CT), Joe Courtney (D-CT), Elizabeth H. Esty (D-CT), Jim Himes (D-CT), David Cicilline (D-RI), Peter Welch (VT), and Richard E. Neal (D-MA), urging the introduction of a legislative proposal that provides “immediate relief” to Puerto Rico’s fiscal problems and addresses… Read more »
U.S. House of Representatives Speaker Paul Ryan late this afternoon said that he was “instructing” House committees to “work with the Puerto Rican government to come up with a responsible solution” to “Puerto Rico’s fiscal crisis” by March 31st. As first reported in the Hill, Ryan made it clear that this would not include broad authority… Read more »
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