OFFICIALS LEGISLATION INTEREST GROUPS PUBLIC STATEMENTS COMMITTEES VETOES

Goodlatte on Recent Developments Regarding Puerto Rico

Statement

Date: July 8, 2015
Location: Washington, DC
Issues: Foreign Aid

House Judiciary Committee Chairman Bob Goodlatte (R-Va.) and Subcommittee on Regulatory Reform, Commercial and Antitrust Law Chairman Tom Marino (R-Pa.) issued the following statement on the evolving economic situation in Puerto Rico:

"Today, we met with our Republican colleagues on the Judiciary Committee to discuss the issues facing Puerto Rico. While no consensus was reached, a general concern was expressed that to provide Puerto Rico's municipalities access to chapter 9 of the Bankruptcy Code would not, by itself, solve Puerto Rico's difficulties, which are associated with underlying, structural economic problems. These problems need to be addressed and we continue to monitor the developments in Puerto Rico and are actively assessing the merits of any potential congressional response."


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