PIMCO: Congress Needs To Act On Puerto Rico’s Debt Crisis, And ‘PROMESA’ Could Work

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Congress Needs to Act on Puerto Rico’s Debt Crisis, and ‘PROMESA’ Could Work by PIMCO Diverse interests have emerged seeking to derail a bill aimed at a satisfactory resolution to Puerto Rico’s debt crisis. The U.S. House Natural Resources Committee (HNRC) is considering HR 4900, entitled the Puerto Rico Oversight, Management, and Economic Stability…