Posts Tagged: Raul Grijalva

Rep. Grijalva Requests an Investigation

Rep. Raul Grijalva (D-AZ), Chairman of the Natural Resources Committee of the U.S. House of Representatives, has written a letter to Natalie Jaresko, Executive Director of the Puerto Rico Financial Oversight and Management Board (FOMB), asking for an investigation into alleged insider trading among creditors. Chairman Girjalva was joined by fellow Members of Congress José… Read more »

Distribution of Stimulus Checks in Puerto Rico Finally Begins

The Coronavirus Aid, Relief, and Economic Security Act (CARES Act) includes a onetime cash payment of up to $1,200 directly to each eligible adult and $500 per child.  Although Puerto Ricans are among those eligible for this payment, their payments were delayed as the U.S. Treasury Department had to take the extra step of approving… Read more »

Gonzalez and Rubio Celebrate PPP Loans for Puerto Rico

Puerto Rico Resident Commissioner Jenniffer González-Colón and Senator Marco Rubio (R-FL), Chairman of the Senate Committee on Small Business, have reported that the federal Paycheck Protection Program (PPP) has approved loans for Puerto Rico amounting to nearly $2 billion. The loans are designed for small businesses, using the Small Business Administration’s definition of a small… Read more »

Lawmakers Ask for Scrutiny of Puerto Rico Tax Loopholes

Reps. José Serrano (D-NY), Alexandria Ocasio-Cortez (D-NY) Nydia Velázquez (D-NY), and Raúl Grijalva (D-NY) have written a letter to Treasury Secretary Steven Mnuchin asking him to provide “greater oversight” for Puerto Rico’s tax loopholes. They also asked that the Treasury Department calculate the cost to the federal government of the Island’s special treatment for wealthy… Read more »

Rep. Raul Grijalva Reaffirms Commitment to Puerto Rico

In an article at The Hill, Rep. Raul Grijalva (D-AZ) reiterates his “commitment to work for a new Puerto Rico.” Grijalva is chair of the House Committee on Natural Resources, which has responsibility for the territories of the United States, including Puerto Rico. Grijalva began by acknowledging not only that Puerto Rico is facing difficult… Read more »

Health & Education Austerity Measures to Be Reevaluated

Several members of Congress have written a letter to the chair of the PROMESA Fiscal Oversight and Management Board requesting reconsideration of austerity measures instituted in Puerto Rico. Rep. Nydia M. Velázquez (D-NY), U.S. Senator Bob Menendez (D-NJ), Chairman of the House Natural Resources Committee Rep. Raúl Grijalva (D-AZ), and Rep. Alexandria Ocasio-Cortez (D-NY) asked… Read more »

Washington Responds to Rossello’s Resignation

Members of the House and Senate expressed a wide range of individual reactions to the resignation of Governor Ricardo Rossello. Some, like Bernie Sanders (D-VT) and Alexandria Ocasio-Cortez (D-NY), congratulated the people of Puerto Rico for deposing Rossello. Marco Rubio (R-FL) took a similar position, saying, “The resignation of Ricardo Rosselló is an opportunity for… Read more »

Sharp Board Response to Democratic Lawmakers

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. Grijalva Has Plans for Puerto Rico

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 »