Periodista independiente en Puerto Rico

Showing posts with label economia. Show all posts
Showing posts with label economia. Show all posts

Monday, August 11, 2025

Island on Edge: Trump Board Shake-Up Sparks Fears in Puerto Rico

“La junta”…is the federally appointed body with ultimate power over Puerto Rico’s finances. Its decapitation throws the island’s fragile recovery into chaos.

Artículo publicado en Non for Profit Quarterly, el 11 de agosto de 2025

The news left many wondering: What else is going to happen to us now?

In a move that sent shockwaves from San Juan to Wall Street, President Donald Trump fired five members of the Financial Oversight and Management Board for Puerto Rico.

“La junta”…is the federally appointed body with ultimate power over Puerto Rico’s finances. Its decapitation throws the island’s fragile recovery into chaos.

To most Americans, this might sound like a bureaucratic inside game or partisan squabble. But for 3.2 million US citizens in Puerto Rico, it signals the start of a dangerous new chapter in the community’s decade-long struggle for survival.