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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 Financial Oversight and Management Board for Puerto Rico approved the plan by a 6-1 vote Thursday after negotiations with the commonwealth’s government failed.
April 20 -
Matosantos' ownership of renewable energy businesses on the island is said to conflict with responsibility overseeing PREPA.
April 11 -
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 -
Other Puerto Rico officials joined Gov. Ricardo Rosselló in resisting the board's demands for austerity
April 2 -
Natural Resources Committee Chairman Rob Bishop complained that "intentional misinterpretations" of the "PROMESA" law may mean U.S. promises to Puerto Rico will take "decades" to fulfill.
March 29 -
Rosselló said PROMESA allows the Oversight Board to make public policy recommendations, but not to order labor law reforms and pension cuts.
March 29 -
Oversight Board is continuing its struggle with the Puerto Rico government over fiscal plans.
March 28