Puerto Rico

Sen. Bernie Sanders, I-Vt., introduced a comprehensive support bill for Puerto Rico and the U.S. Virgin Islands Tuesday, calculated to cost up to $146 billion.

The engineer who led the restoration of electrical service in New York City after Superstorm Sandy has been appointed to oversee the recovery of Puerto Rico's power grid.

More than half of the $44 billion is for disaster relief administered through FEMA and the SBA.

Puerto Rico’s government announced it would pay its annual Christmas bonus to workers this year.

The Puerto Rico Electric Power Authority governing board said it was gathering a Transformation Advisory Council of utility industry leaders.

Ramos had been under fire over his management of disaster response and contract and hiring practices.

Texas also would get less funding than it says it needs in the White House request, set to be made on Friday.

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

Puerto Rico is considering suspending debt-service payments for five years, a lead lawyer for the territory’s federal oversight board said.

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