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

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…