Puerto Rico

Statehood for the District of Columbia continues to face a Republican roadblock in the Senate where a 60-vote supermajority is needed for passage.

They say the bankruptcy judge should delay ruling on the relative priority of Puerto Rico's bonds until she deals with the central government plan of adjustment.

Gretchen Sierra Zorita will serve as deputy director for Puerto Rico and the Territories in the White House Office of Intergovernmental Affairs.

Assured Guaranty and National Public Finance Guarantee reached a deal with the Oversight Board on repayment of $4.6 billion of revenue bonds.

Pierluisi said his approach to governance would avoid fights and promote cooperation.

The board also extended the deadline for two bond insurers to withdraw from the central government bond Plan Support Agreement.

Net revenues came in 21.6% ahead of Puerto Rico Oversight Board projections in the first seven months of the fiscal year.

The deal affects $3.2 billion of Employees Retirement System bonds.

The authority appears ready to take advantage of market conditions following a successful December refunding.

Assured Guaranty and National Public Finance Guarantee continue talks with the Puerto Rico Oversight Board.