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The board said the measures passed by both the Puerto Rico House and Senate would harm the economy.
June 29 -
Economists in Puerto Rico panned the proposal to raise the rate to $9 per hour saying it would hurt businesses.
June 25 -
The board set a noon Thursday deadline for repeal of Act 7, otherwise it will seek a legal remedy.
June 23 -
Also on Wednesday Judge Swain said she would not send out the central government bankruptcy's disclosure statement until she was satisfied with it.
June 17 -
An outage that a LUMA Energy spokesperson said could have been triggered by sabotage left 900,000 customers without power on Thursday.
June 11 -
Biden called on Congress to amend the Social Security Act to include Puerto Rican residents for benefits. The Oversight Board has said the benefits would lead to $1 billion more per year to island residents.
June 7 -
A return to the local court remains possible.
June 3 -
Court gives Senate president short deadline to respond to legal inquiries and experts do not see a strong case.
June 2 -
The board plans to pick an operator for PREPA's electrical generation in second half of this year.
May 28 -
The Board will address several of Puerto Rico's authorities' fiscal plans and will have an update about PREPA's transition of its systems to the private operator, LUMA Energy.
May 26