Congress Needs to Act on Puerto Rico’s Debt Crisis, and ‘PROMESA’ Could Work

Congress Needs to Act on Puerto Rico’s Debt Crisis, and ‘ PROMESA ’ Could Work by PIMCO

Diverse interests have emerged seeking to derail a bill aimed at a satisfactory resolution to Puerto Rico’s debt crisis.

The U.S. House Natural Resources Committee (HNRC) is considering HR 4900, entitled the Puerto Rico Oversight, Management, and Economic Stability Act,...