Puerto Rico government crisis news update

This 1 August 2019 video says about itself:

Puerto Rico’s Outgoing Governor Nominates New Secretary of State

From the South: In Puerto Rico, the successor-apparent of outgoing Governor Ricardo Rosselló has been sworn in as Secretary of State. To further discuss the situation in the island we are joined by Heriberto Martinez, the incoming president of Puerto Rico‘s Association of Economists.

The new Secretary of State is Pedro Rafael Pierluisi Urrutia. According to Wikipedia:

In April 2016, while legislation to deal with Puerto Rico’s fiscal crisis was being discussed in the House of Representatives, The New York Times published an article covering possible conflicts of interest from Pierluisi’s part.[9] The article covers various corporate clients from Pierluisi’s wife personal firm who would benefit directly from bills proposed by Pierluisi, specifically those amending Chapter 9 of the Federal Bankruptcy Code. These firms had recently invested in Puerto Rican bonds. In addition, the newspaper established that Pierluisi’s wife founded the firm shortly after Pierluisi was sworn into Congress in 2009. In the 8 years since he was elected to as resident commissioner, Pierluisi’s average net worth had increased 27-fold.

3 thoughts on “Puerto Rico government crisis news update

  1. Pingback: Puerto Rico government crisis news update | sdbast

  2. Pingback: Puerto Rico, new governor, new mass protests | Dear Kitty. Some blog

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