
Mr. Chairman, I yield 2 minutes to the gentlewoman from California (Ms. Matsui).
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Mr. Chairman, I yield 2 minutes to the gentlewoman from California (Ms. Matsui).

Mr. Chair, I yield myself such time as I may consume. When President Trump announced plans to withdraw the U.S. from the Paris climate agreement in 2017, hundreds of businesses from all over the country immediately responded that it was a…

Representatives Velazquez and Bishop have filed a bill to strengthen the legislated disclosure requirements of third parties hired by the Board.

I was pleased to see that, yesterday, the Board filed lawsuits against 20 banks and law firms...

this feels like profiteering off of Puerto Rico's fiscal crisis.

when we passed PROMESA, it was never intended for the Board to implement harsh austerity measures on the island residents.

You have an optics issue here that needs to be addressed.

For me, I think fiscal accounting balance is not enough to drive the economy of the island.

I am asking you if the optics look right to you, morally speaking, when so much is spent...

So, if the debt issued is illegal, what should be the consequences?

And do you support the Board taking action against government officials or advisors that recommended those from issuance?

There is a perception of the island that we are taking austerity measures by the Board.

Is this setting a dangerous precedent for the rest of the debt?

And when making these upward revisions to the economic projections, do you take into account the continued suffering of families that are losing their homes, increasing healthcare costs, or demand for nutrition assistance, especially for…

So, that means that 10 years from now, we are going to be here dealing with the same economic crisis?