Rep. Nydia M. Velázquez (D-NY); Rep. Bennie G. Thompson (D-MS), the Ranking Democrat on the House Homeland Security Committee; Sen. Kirsten Gillibrand (D-NY); and Sen. Elizabeth Warren (D-MA) introduced legislation to establish a “9/11-style” independent commission to investigate the federal response to Hurricanes Irma and María in Puerto Rico.
The U.S. House Subcommittee on Indian, Insular and Alaska Native Affairs Committee will hold an oversight hearing on Feb. 2 to provide commentary on a possible solution to the Puerto Rican debt crisis, emphasizing on improved management policies and long-term sustainability.
Legislation authored by Rep. Nydia M. Velázquez (D-NY) aims to significantly strengthen reporting requirements for hedge funds, large privately organized, pooled investment vehicles not available to the public whose primary investors are wealthy individuals or institutions.