Puerto Rico Aqueduct & Sewer Authority

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

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.

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

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

The board referred 13 public entities to the Puerto Rico Secretary of Justice and U.S. Department of Justice.

U.S. Justice Department responds to hedge funds seeking reimbursement for Oversight Board impairments to bonds.

The board and the governor remain about $500 million apart on spending.

Puerto Rico’s Federal Oversight Board is asking the U.S. Supreme Court to overturn a ruling that deemed its members unconstitutionally appointed.

The Oversight Board in its fiscal plan had projected a 5.06% population drop after the 2017 hurricanes; the Census Bureau found a 3.9% decline.

As the board wrangles with local officials over the budget, neither the federal courts nor the executive branch have taken action to address a legal challenge to its authority.

Jaresko on Monday cited the almost universal dissatisfaction with the board as proof that it was doing its job.

The 2016 law is under fire from bond holders over the Oversight Board's failure to provide enough money for debt service and from local politicians over the board's efforts to impose fiscal austerity.

The board says that the governor appears to be deviating from the approved budget.

Muni buyers scrambled to snatch up the last of this week’s new issues on Thursday.

Oversight Board members are also asking for a stay on an appeal's court mid-May cutoff for their powers.

The December index value was down 0.7% from November.

The appeals court ruled the appointments were unconstitutional, but didn’t invalidate either the existing board's actions or the parts of the Puerto Rico Oversight, Management, and Economic Stability Act that didn't address the board appointment process.

Traditional bond buyers are going back to Puerto Rico.

Judge Susan Braden had said she was inclined to hold the U.S. government responsible for impairments to Employees Retirement System bonds.