Nonprofit organization Sembrando Sentido launched the “Contratos en Ley” online platform that monitors and evaluates the public procurement processes in Puerto Rico. The organization seeks to prevent the “misuse of hundreds of millions of dollars ...
President Barack Obama announced Wednesday the appointment of seven individuals to the Financial Oversight and Management Board for Puerto Rico, including former Commonwealth administration officials.
The PROMESA Act (H.R. 5278), the bill aimed to address Puerto Rico’s debt crisis, passed in the U.S. House Natural Resources Committee Wednesday with bipartisan support from lawmakers.