Puerto Rico Public Buildings Authority

U.S. Sen. Elizabeth Warren and Rep. Nydia Velázquez called for the Oversight Board to eliminate all of Puerto Rico’s public sector debt.

Two GOP Representatives argued that the Puerto Rico Oversight Board should be given additional powers over the Puerto Rico Electric Power Authority.

Though Federal assistance may have helped lessen the impact of Hurricane Maria, analysts said there are still "plenty of reasons to worry" about the government's ability to function.

The chair of the House committee that oversees Puerto Rico said after Hurricane Maria a "stronger mechanism" is needed to ensure Puerto Rico's recovery.

Creditor groups have come down on both sides of a hedge fund's constitutional attack on the PROMESA oversight board.

The Puerto Rico Oversight Board will discuss revising the commonwealth government’s and its semi-autonomous entities’ fiscal plans Tuesday morning.

Judge Laura Taylor Swain promised to release Wednesday a consensus-based order on the legal status of Puerto Rico’s post-hurricane federal aid.

Creditors are at odds with the island government over the conditions on federal hurricane disaster aid.

The board authorized Kobre & Kim to issue the subpoenas, as long as certain conditions, including the start of a "formal" investigation, had been met.

Six projects announced this week may lead to $300 million to $400 million of investment.

Municipal bond analysts cite the lack of clarity on the island’s economic future, the level of federal aid after two hurricanes, and the Title III bankruptcy process.

Puerto Rico faces a government shutdown after the end of the month without an infusion of cash.

The bond insurers withdrew their challenge of the island's fiscal plan, citing Hurricane Maria.

Puerto Rico’s debt cannot be canceled by order of the president, restructuring experts and a key congressman said.

Puerto Rico’s general obligation bonds maturing in 2035 have lost a fifth of their value in secondary trading on concern over the economic impact of the storm.

The board says it will postpone any discussion of furloughs until the next fiscal year.

Two key Puerto Rico Oversight Board members met with members of Congress Thursday and Friday.

Puerto Rico's power authority said it may take more than six months to restore electricity and there was a report that the Oversight Board was ready to revise the amount of debt to be paid in the next nine years.

Puerto Rico Oversight Board executive director Natalie Jaresko told The Bond Buyer the commonwealth might also pay some of its debt later this year.

Kobre & Kim will assist in the board's investigation of Puerto Rico’s debt.