Gov. Ricardo Rosselló sent a letter Congressman Rob Bishop (R-Utah) in which he urged the lawmaker to “adopt a balanced approach” that considers all stakeholders in Puerto Rico and not just the concerns of the bondholders.
Puerto Rico Gov. Ricardo Rosselló confirmed he will hand over a new revised Fiscal Plan to the Financial Oversight and Management Board on Thursday that will exclude the layoffs of public employees, a labor reform and a reduction in pensions.
A group of Puerto Rico credit unions filed an "adversary proceeding" before Judge Laura Taylor Swain, who presides over Puerto Rico's Title III bankruptcy proceedings.