Puerto Rico oversight board, PREPA to testify at House hearing Tuesday

Reuters News
Posted: Nov 06, 2017 10:46 AM

WASHINGTON (Reuters) - The U.S. House of Representatives' Natural Resources committee, citing concerns about power contracts in the wake of Hurricane Maria, is set to hear testimony on Tuesday from Puerto Rico's oversight board and the territory's bankrupt power utility, PREPA.

The panel is looking at whether the oversight board in charge of managing Puerto Rico's finances needs additional tools to help the island recover from the devastation, its staff said in a memo announcing the hearing.

Leaving the Left
John Stossel

(Reporting by Roberta Rampton and Richard Cowan; Editing by Chizu Nomiyama)