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GAO says Congress should consider giving SEC penalty authority over issuers, stripping Puerto Rico's triple-tax exemption,and expanding investor protection.
May 9 -
Bondholders will have to rely on the Oversight Board or the courts for debt service, analysts said.
May 7 -
Puerto Rico would have to have a vibrant economy and a stable government that is fiscally sound, said Rep. Rob Bishop.
May 4 -
A probe into possible wrongdoing prompted Gov. Ricardo Rosselló to jettison five staffers, weakening his administration at a critical juncture in the commonwealth's debt restructuring.
May 3 -
The Oversight Board is close to the governor on debt even as they publicly disagree over austerity policies.
May 2 -
Matosantos' ownership of renewable energy businesses on the island is said to conflict with responsibility overseeing PREPA.
April 11 -
General obligation holders said that the sales taxes supporting COFINA are resources that the territory's constitution promises to them.
April 10 -
The board may choose to approve its own version of the plan by April 20, setting up a legal and political fight for control of the Puerto Rico government.
April 6 -
The vote came as Gov. Rossello said his fiscal plan will not accede to board demands.
April 4 -
Rosselló says that Rep. Rob Bishop is placing the needs of the bondholders over those of Puerto Rico residents.
April 3