The Latest Breaking News from Financial Oversight and Management Board

The Supreme Court Weighs State Sovereignty and the Status of Puerto Rico

The justices heard oral arguments in Financial Oversight and Management Board for Puerto Rico v. Centro de Periodismo Investigativo.

Reason · Jan 11, 2023

Puerto Rico's debt deal didn't go far enough, a labor leader says. But a new political order may be emerging

Puerto Rico's contentious pact with the Financial Oversight and Management Board — the U.S.-appointed attempt to trim the island's oppressive debt — has been touted as a model for U.S. states and cities when bankruptcy threatens. But the deal has left the island with dim economic prospects and "unsustainable" billions…

The Philadelphia Inquirer · Jun 14, 2022