U.S. House holds Hearing on Fiscal Control Board for Puerto Rico

Caribbean Business

U.S. House Holds Hearing on Fiscal Control Board for Puerto Rico

By Dennis Costa

The U.S. House Indian, Insular & Alaska Native Affairs Subcommittee, chaired by Rep. Don Young (R., Alaska), held a hearing Tuesday on the potential establishment of a federal fiscal control board on Puerto Rico. […]

Eric LeCompte is the executive director of Jubilee USA, which represents U.S. religious bodies, congregations and institutions, and focuses “on how the most vulnerable are impacted by global issues such as trade, debt, corruption and taxes,” he explained.

“In Puerto Rico, we partner with religious leaders representing more than 95% of the island’s people,” he said in his written testimony, adding that Puerto Rico’s “is not simply a debt crisis – this is a humanitarian crisis.”

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