Puerto Rico

Judges at a hearing this week appeared sympathetic to arguments that the board's appointment was unconstitutional.

The board suggests it may sue the governor unless he starts following its requests.

The Oversight Board’s pessimistic assumptions add unnecessary confusion and complexity to achieving consensual negotiations with the island’s creditors.

As of mid-November Puerto Rico's government had an equivalent of 41% of its annual General Fund budget in its central Treasury account.

U.S. Senators privately urged board to privatize PREPA, a review of emails found.

Three of the four index components declined from September.

The transaction will restructure about $4 billion of Government Development Bank debt.

Rep. Rob Bishop wants a simple up or down vote on statehood.

One Puerto Rico Oversight Board member said that approving the COFINA deal was the board's safest choice.

Puerto Rico credit unions say that the disclosure fails to provide concrete numbers on how bonds will be restructured.