Puerto Rico Gov. Pedro Pierluisi (D) is hopeful that a House delegation due this weekend on the island will return to Washington, D.C., ready to quickly move on a bill to update the U.S. territory’s status, The Hill reported.
Puerto Rico in Distress
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McKinsey & Co. is in the spotlight as the consulting giant faces a deadline to disclose potential conflicts of interest in advising Puerto Rico’s $120 billion restructuring, Bloomberg Law reported. A new law signed by President Biden on Jan.
A federal appeals court has upheld modifications to teachers’ pensions under Puerto Rico’s debt adjustment plan despite arguments from teachers’ associations that the changes violate commonwealth law, Reuters reported. The U.S.
Authorities in Puerto Rico said Tuesday that an electronic toll collection system was the target of a cyberattack over the weekend, the latest such incident in recent years, the Associated Press reported. The system, known as AutoExpreso, is run by a private operator called Professional Account Management.
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This wiki is a repository for members of the U.S. Congress, other policy makers, academics, investors, the media and the general public to understand the challenges facing Puerto Rico in 2016 and to provide data and information to begin crafting long term sustainable solutions. Click here to view.