Commonwealth of Puerto Rico

This latest IRS action is one of a series of bond audits involving various government agencies in Puerto Rico.

Chats showed him openly fantasizing about an assassination of San Juan Mayor Carmen Yulín Cruz and heaping ridicule on ordinary Puerto Ricans.

FEMA's "empty chair" at hearing draws fire from members of the House emergency preparedness subcommittee.

The scandals are dealing a fresh hit to Rossello’s administration as he fights with the federal financial oversight board over his budget.

The busts may weaken the the Rosselló administration as it struggles over fiscal policy with the Puerto Rico Oversight Board.

The board says more than $1.7 billion in revenue is at stake in fiscal years through 2024.

The Supreme Court will rule on both the legality of the board members' appointments and the validity of their rulings since appointment.

The board anticipates spending $596 million for COFINA and GDB debt service.

Signed on June 30, 2016, the Puerto Rico Oversight, Management, and Economic Stability Act sent Puerto Rico’s bondholders and residents on a difficult odyssey that is far from over.

The Puerto Rico Treasury now expects 33.6% more revenue in the fiscal year than the original projection.

Without a successful appeal, Employees Retirement System bondholders won't get their bond payments during the bankruptcy.

As Sunday's fiscal deadline approaches the legislature is hammering out a budget that's $500 million bigger than the Oversight Board's plan.

German Ramirez and Richard Prann of HJ Sims talk from Puerto Rico about the situation on the island and discuss COFINA and the IRS, what's new with the GDB bonds and with the commonwealth's GOs. Chip Barnett hosts.

Puerto Rico CFO Rafael Maldonado Gautier said that some Treasury professionals have been selling influence, issuing false licenses, and trying to extort him.

As expectations for a Fed rate cut grow, muni supply shrinks amid rising demand for bonds.

They say a ruling in the Aurelius case reinforces their contention that the Puerto Rico Oversight Board is a federal body.

The U.S. Supreme Court agreed to hear a case that could upend the work of the oversight board tasked with pulling Puerto Rico out of its record bankruptcy.

The municipal bond market went back to school on Tuesday as the Federal Reserve met in Washington.

The U.S. Senate has until July 14 to act.

The Federal Open Market Committee is meeting this week and the muni market is looking for rate cut signals.