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The move, approved unanimously by the Board on Friday, sets up a conflict with the island's leaders.
August 4 -
The University of Puerto Rico will seek to reduce its debt-service costs through a consensual agreement with its creditors as the commonwealth plans to cut the school’s appropriations by $3.5 billion through 2026.
August 3 -
The Puerto Rico Oversight Board announced it was planning an investigation of the island’s public sector debt.
August 2 -
The Puerto Rico Oversight Board on Friday may institute mandatory government furloughs opposed by Gov. Ricardo Rosselló.
August 2 -
To make sure Puerto Rico’s government only spends on what it believes to be necessary, it has instituted a 5% spending freeze on its departments.
August 1 -
The Puerto Rico Oversight Board recommended shifting federal funding to an earned income tax credit from welfare programs on the island.
August 1 -
How far off could economic estimates be in Puerto Rico? The truth is that nobody knows.
July 31
Foundation for Puerto Rico -
San Juan’s government claims the GDB's restructuring gives bondholders a "windfall" using resources that belong to Puerto Rico's municipalities.
July 27 -
Noel Zamot will oversee expediting permitting for crucial projects to help strengthen the territory's economy.
July 24 -
The United States of America is the defendant in a suit filed by investors seeking payment of $3.1 billion in principal and interest in Puerto Rico Employment Retirement System bonds.
July 21 -
Puerto Rico Gov. Rosselló named his chief economic advisor Christian Sobrino Vega as his non-voting representative on the Oversight Board.
July 20 -
Elías Sánchez Sifonte reportedly told the governor he would serve in the unpaid position through the approval of a fiscal plan and a first budget, things have now happened.
July 20 -
The Puerto Rico Oversight Board staff and board members haven't adequately disclosed their personal financial information, according to lawyers who cite federal law.
July 19 -
Major bondholders and three bond insurers filed papers Tuesday seeking a receiver for the Puerto Rico Electric Power Authority.
July 18 -
The Title III bankruptcy judge approved a deal to pay Puerto Rico Employees Retirement System bondholders interest through October.
July 18 -
The Puerto Rico Oversight Board approved a negotiated plan for restructuring the GDB’s $4.8 billion in debt.
July 17 -
A group of hedge funds that owns $3.3 billion of Puerto Rico bonds disclosed in court documents the amount that each of them holds.
July 14 -
The organizational session set the stage to address disputes in a restructuring of $47.5 billion of Puerto Rico’s debt.
July 12 -
Puerto Rico’s municipal government finances deteriorated in fiscal year 2016 from a year earlier, according to a locally-created study.
July 11 -
Puerto Rico Electric Power Authority bonds were slashed to D Thursday by Fitch Ratings in the wake of the utility’s bankruptcy filing.
July 6
















