WEATHER ALERT
Trump administration dismisses majority of federal board overseeing Puerto Ricoโs finances
Read full article: Trump administration dismisses majority of federal board overseeing Puerto Ricoโs financesThe Trump administration has dismissed five out of seven members on Puerto Ricoโs federal control board that oversees the U.S. territoryโs finances, sparking concern about the future of the islandโs fragile economy.
Board rejects rate increase to help restructure debt of Puerto Rico power company
Read full article: Board rejects rate increase to help restructure debt of Puerto Rico power companyThe executive director of a federal control board that oversees Puerto Ricoโs finances says it is โimpossibleโ for the U.S. territory to pay the $8.5 billion bondholders are demanding in a bankruptcy case involving the islandโs power company.
