Responding to the destruction of communications networks wreaked by Hurricane Maria in Puerto Rico and the U.S. Virgin Islands, the Federal Communications Commission today took steps to immediately provide up to $76.9 million to help restore service.
President Donald J. Trump will travel to Puerto Rico at a-yet-to-be-specified date to assist with the territory's recovery after the passage of Hurricane Irma, Gov. Ricardo Rosselló said Thursday.
The senior creditors of the Puerto Rico Sales Tax Financing Corporation, known as COFINA, said Wednesday the draft of the Puerto Rico Oversight, Management, and Economic Stability Act lays “the groundwork for a pragmatic, workable policy solution…aimed at addressing Puerto Rico's economic crisis.”