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prima:Congressional hearing examines legal future of Fiscal Oversight Board under PROMESA

Wednesday’s hearing before the Subcommittee on Indian and Insular Affairs could expose whether there is interest by the Republican majority in advancing the agency’s termination

July 15, 2025 - 2:13 PM

The Subcommittee on Insular Affairs will examine Puerto Rico's public debt restructuring process and the performance of the Board. Pictured is the executive director of the Board, Robert Mujica. (Shutterstock)

Washington D. C. - The hearing of the House Subcommittee on Indian and Insular Affairs on the implementation of the PROMESA law, nine years after its approval, will allow the performance of the Fiscal Oversight Board (FOMB) to be put on display this Wednesday and to know if there is any interest of the Republican majority to advance the termination of its functions.

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