CPI heads group that sues U.S. Treasury for info on Oversight Board members
May 16, 2019
A lawsuit was filed in the New York District Court to demand information about the files related to the process of appointing the members of the Oversight Board, specifically the documents related to ethical conflicts and the financial disclosures that were required, the Center for Investigative Journalism (CPI) announced. The lawsuit — which also seeks […]
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P.R. gov’t officials evaluate U.S. Treasury proposals to transform property tax system
March 22, 2019
The U.S. Treasury has submitted a report with recommendations to transform Puerto Rico’s property tax system, including the potential elimination of the controversial inventory tax, Raúl Maldonado, the local administration’s CFO said. Maldonado, who is also Puerto Rico Treasury Secretary, shared the content of the report with members of the United Retailers Association, the School […]
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U.S. Treasury grants funds to 4 P.R. credit unions
September 27, 2018
The grants allocated to BoniCoop, JayuCoop, GuraCoop and Jesús Obrero totaled $125,000.
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U.S. Treasury to grant credit to P.R. employers affected by hurricanes
February 15, 2018
Puerto Rico Gov. Ricardo Rosselló, announced an agreement in principle with the United States Department of Treasury which will allow employers that were not able to operate their businesses — after Hurricanes Irma and María — to claim a credit of up to $2,400 for each employee that was paid a salary during said period.
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U.S. Treasury offers Board ongoing technical assistance
November 22, 2016
Saying “resolving the crisis in Puerto Rico remains a top priority for the U.S. Treasury Department,” agency Secretary Jacob Lew sent a letter to the Financial Oversight and Management Board offering ongoing technical assistance.
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Latino leaders urge federal gov’t to support Puerto Rico
July 29, 2015
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."
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