Congressional Action

Congressional Action

The House Committee on Natural Resources oversees the Financial Oversight & Management Board for Puerto Rico.

“…the Board’s stated goal under PROMESA is to return Puerto Rico to fiscal accountability and the capital markets, and this can only occur if the fiscal plans respect the lawful priorities and liens of debt holders.” – House Natural Resources Committee Ranking Member Rob Bishop

“An independent coordinator in PREPA would give more confidence to Puerto Rican citizens and also to possible investors in the future. The use of money is the most important thing. I want to be sure that (the coordinator or inspector general) is part of any possible solution.” – House Natural Resources Committee Chairman Raul Grijalva

Statements from House Natural Resources Committee

House Committee on Natural Resources Oversight Hearing on PREPA:

“Management Crisis at the Puerto Rico Electric Power Authority and Implications for Recovery” (July 25, 2018)

PREPA Congressional Hearing