The National Hispanic Leadership Agenda, a coalition of 39 of the U.S. mainland’s largest Latino advocacy organizations, held a press conference Tuesday with Congressional, Puerto Rican, and labor leaders today calling on President Obama and Congress to take action "to save Puerto Rico from economic disaster."
U.S. Senators Richard Blumenthal (D-Conn.) and Charles E. Schumer (D-N.Y.) announced The Puerto Rico Chapter 9 Uniformity Act, legislation they have co-authored and introduced to address the growing fiscal crisis in Puerto Rico by granting Puerto Rico the authority to allow its municipalities and public utilities to readjust their debts under the supervision of a bankruptcy court.
The U.S. House Judiciary Committee’s Subcommittee on Regulatory Reform, Commercial and Antitrust Law held a hearing Thursday on H.R. 870, known as the “Puerto Rico Chapter 9 Uniformity Act of 2015,” which drew a bi-partisan delegation from the island to express support for inclusion.
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