· Updated January 16, 2025 12:12 AM · 2 min read read
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WASHINGTON (AP) — Treasury Secretary Jacob Lew is calling attention to the effect Puerto Rico's $70 billion debt crisis is having on the millions of Americans who live there and on Congress' struggle to come up with a solution.
Lew is making a one-day trip to Puerto Rico on Monday, part of the Obama administration's campaign to pressure Congress to act. House Republicans are expected to announce new legislation this week to create a control board to help manage the U.S. territory's
WASHINGTON (AP) — Treasury Secretary Jacob Lew is calling attention to the effect Puerto Rico's $70 billion debt crisis is having on the millions of Americans who live there and on Congress' struggle to come up with a solution.
Lew is making a one-day trip to Puerto Rico on Monday, part of the Obama administration's campaign to pressure Congress to act. House Republicans are expected to announce new legislation this week to create a control board to help manage the U.S. territory's debt and ove…