The Senate is set to consider a bill to create a federally appointed control board with sweeping powers to run Puerto Rico’s economy to help the island cope with its crippling debt crisis. The bill, known as PROMESA, passed the House last week by a bipartisan vote of 297 to 127, but opponents have decried the measure as antidemocratic. “We’re engaged today in a wholly undemocratic activity in the world’s greatest democracy,” said Rep. Rep. Luis Gutiérrez. In the Senate, Robert Menendez, Dick Durbin and Bernie Sanders have come out against the bill, and any one of them could filibuster the legislation. Sen. Elizabeth Warren’s stance on the bill remains unknown. The debate in the Senate comes as the Supreme Court has issued two major decisions about Puerto Rico. On Monday, in a 5-2 decision, the high court rejected Puerto Rico’s bid to revive its own bankruptcy law that would have let the island’s public utilities restructure about $20 billion those entities owe to bondholders. That decision came just days after the Supreme Court ruled against Puerto Rico in a separate case ruling regarding the island’s sovereignty. We speak to Carmen Yulín Cruz, the mayor of San Juan, Puerto Rico, and Natasha Lycia Ora Bannan, president of the National Lawyers Guild and associate counsel at LatinoJustice PRLDEF.
Part 2 of a discussion about the upcoming U.S. Senate vote to to set up a federally appointed control board with sweeping powers to run Puerto Rico’s economy to help the island cope with its crippling debt crisis. The bill, known as PROMESA, passed the House last week by a bipartisan vote of 297 to 127. In the Senate, Robert Menendez and Bernie Sanders have led the opposition to the bill. But a big question looms over how Elizabeth Warren will vote. Juan González gives an update, and we speak to Natasha Lycia Ora Bannan of the National Lawyers Guild.
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