BREAKING NEWS

Puerto Rico oversight board asks Washington for more aid for island

By REUTERS

OCTOBER 1, 2017 00:30

The oversight board in charge of resolving Puerto Rico's debt crisis said on Saturday that its members met with Trump administration officials and members of the US Congress this week to ask for increased financial assistance for the hurricane-struck island.

Puerto Rico, a US territory, filed for the biggest-ever US local government bankruptcy in May. A panel, called the Financial Oversight and Management Board, was named in August to resolve the US territory's debt and economic crisis. It consists of seven board members: four Republicans and three Democrats.

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