The federal funds were allocated for repairs and recovery from Hurricane María damage. #NewsIsMyBusiness
The Fed compared banks based in Puerto Rico with a control group of U.S. banks on the mainland to better understand how extreme weather disasters affect bank stability and their ability to lend. #NewsismyBusiness
During the news conference, the Coalition stated that as the clock ticks and resources are not used, the money FEMA and other federal agencies obligated is at risk. #NewsismyBusiness