News

Religious leaders call on Federal Reserve to save Puerto Rico

September 1, 2015

By Andrew Soergel, includes “A group of Puerto Rican religious leaders have called on the U.S. Federal Reserve to "arbitrate" the commonwealth's debt dilemma only a day after Puerto Rican officials pushed back a crucial restructuring deadline. … The officials are turning to the Fed as their savior in the hopes that the central bank will either buy up some of the island's debts or help facilitate some sort of restructuring deal…”

Read the full article on: US News & World Report

 
 
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