Posts Tagged: Tom Cotton

Congress Continues to Influence Puerto Rico Financial Board

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 »

Velasquez and Serrano Express Concern About Austerity Measures to PROMESA Board

Rep. Nydia M. Velázquez (D-NY) and Rep. José E. Serrano (D-NY) have written to the PROMESA fiscal oversight board to encourage caution about implementing austerity measures. “We are pleased,” they wrote in the May 11 letter “that last week the Financial Oversight Management Board for Puerto Rico took advantage of the powerful court-supervised restructuring tools provided by… Read more »

Senators and Board Discuss PROMESA

On April 7, two U.S. Senators, Tom Cotton (R-AR) and Thom Tillis (R-NC), wrote a letter to the PROMESA fiscal oversight management board [FOMB] expressing concern that the Fiscal Plan for Puerto Rico is not compliant with the Puerto Rico Oversight Management and Economic Stability Act (PROMESA). The letter went on to list those concerns:… Read more »

Current Territorial Status Not Democratic Choice For Plebiscite Ballot

  A letter requesting that the U.S. Attorney General withhold certification of the ballot for a federally sponsored political status plebiscite in the territory has been signed by eight members of the U.S. Senate, where the 3.3 million U.S. citizens of Puerto Rico have no democratic representation. The letter complains that the June plebiscite “ballot’s exclusion… Read more »

More than a 51st Star

Disputes about statehood for Puerto Rico focus on many issues, from language to taxes, but one of the simplest questions is also one of the most common: what will the U.S. flag look like with 51 stars. Modern graphics programs are very different from the methods used in 1959, when the U.S. last added a… Read more »