Puerto Rico Electric Power Authority

The House Natural Resources Committee, meanwhile, is meeting Oct. 22 to consider removing the infrastructure revitalization section from the federal legislation that established the Puerto Rico Financial Oversight and Management Board.

The wild card part of this case is whether the justices decide to take an expansive look back on early 20th century decisions known as the Insular Cases and rule on the constitutional rights of U.S. citizens living in territories outside the 50 states.

The island's economic index "is approaching the behavior that existed prior to the hurricane.”

The household employment survey showed good economic news, while other measures were mixed.

Six of the eight audits — including the Building Authority audit disclosed Monday — involve IRS Form 8038-CP.

The proposed change would create a hurricane reconstruction coordinator. an audit of the island’s debt, and federal funding for the Oversight Board.

Two contracts worth $1.8 billion were improperly awarded to Cobra for its work restoring electricity, the U.S. Attorney's office said.

Bond insurers National and Syncora agreed to back the Puerto Rico utility's restructuring plan, bringing support to more than 90%.

She also names Elí Díaz Atienza to fill the role as her representative to the Oversight Board.

The Oversight Board urged the federal government to provide more help to the island’s people and businesses.

The insurer seeks at least $720 million from Wall Street firms that underwrote Puerto Rico bonds issued from 2001 to 2007.

Puerto Rico’s economic activity index slipped 0.7% in June from a year earlier, as the economic boost from federal hurricane recovery aid receded.

Secretary of Justice Wanda Vázquez Garced said she will swear in as governor Wednesday afternoon.

Puerto Rico Senate President Thomas Rivera Schatz is leading a suit seeking the court to remove the former resident commissioner from the position.

The Trump administration is planning to place restrictions on disaster aid for U.S. states and territories.

Puerto Rico's governor looks to patch up a scandal-ridden administration before his own resignation takes effect.

Two weeks of unrest have cut economic activity by 15%, and a disorderly transfer of power may disrupt the territory's historic debt restructuring.

With a weakened government, the Oversight Board may be emboldened to take more unilateral actions on bond restructuring, analysts said.

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

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