Far from seeking its exit, the Fiscal Control Board is at its peak integration with the Puerto Rico government. #NewsismyBusiness
Through a secret process until now, the U.S. Department of the Treasury evaluated more than 115 people in 2016 to be selected as the first members of the Puerto Rico Fiscal Control Board. #NewsismyBusiness
Puerto Rico’s banking sector, which has been weathering the island’s economic storm for the better part of the last decade, could benefit from the arrival of the Fiscal Control Board, and the trust it could instill on future investors, Financial Institutions Commissioner Rafael Blanco said.