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Supreme Court lets Puerto Rico, after debt and disaster, avoid further upheaval

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Supreme Court allows PR autonomy over recoveryThe Supreme Court decided Monday not to complicate Puerto Rico's struggles with massive debt and natural disaster by upending the management board overseeing its recovery.

The justices did so by ruling that the island's problems were local, not national, in scope and therefore were properly placed in the hands of a board whose members are not confirmed by the U.S. Senate. In a unanimous ruling, the high court ruled that the board's functions, including overseeing Puerto Rico's budgetary plans, are "quintessentially local" and, therefore, the appointment of board members was constitutional.

That enables Puerto Rico to continue its slow progress under a financial oversight and management board named in 2016 as part of a federal law but later challenged by investors.


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