Puerto Rico

The Puerto Rico Oversight Board met with opposition from the territory’s governor, who said he wouldn’t cooperate in a fiscal plan that requires more sacrifice from citizens and doesn’t entail financial help from Washington.

Puerto Rico’s October revenues came in 11.9% above the government’s projections.

Puerto Rico said it faces a $3 billion cash shortfall in the current fiscal year without using the bankruptcy allowed under this year’s federal rescue legislation.

The judge hearing all the debt lawsuits in Puerto Rico’s federal court ordered continued stays in four cases.

Puerto Rico Governor-Elect Ricardo Rosselló is traveling to New York to meet with Puerto Rico bondholding groups this week, laying the groundwork to negotiate new terms for the island's debt.

As government leaders both nationally and in Puerto Rico enter transition periods after last week’s elections, Treasury is reminding officials both old and new to give a high priority to assistance for the commonwealth.

The Puerto Rico Oversight Board’s first island meeting will be far from population centers and be invitation only.

The Puerto Rico Oversight Board is seeking comments on Gov. Alejandro García Padilla's proposed fiscal plan.

Puerto Rico Governor-Elect Ricardo Rosselló is seeking $900 million to get Puerto Rico through the current fiscal year.

Puerto Rico Gov. Alejandro García Padilla named Aaron Bielenberg as the PROMESA board’s revitalization coordinator.