Fed Intervention In Puerto Rico Debt Crisis A PossibilityMark Melin
Puerto Rico’s bankruptcy problem won’t go away and it is most assuredly a losing proposition for any political organization that takes up the problem. Both the White House and Congress are deferring action on the matter amid heavy pressure from financial interests, according to a source close to the situation. But where political leaders won’t go to solve a delicate problem could be where the U.S. Federal Reserve steps in to . . .
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