NRDems Forum: Natural Resources Committee Dems and Congressional Hispanic Caucus Host Forum on Puerto Rico’s Fiscal and Humanitarian Crisis

Date: Tuesday, May 2, 2017 Time: 02:00 PM Location: Longworth House Office Building in Washington, D.C. 1310

House Natural Resources Committee Ranking Member Raúl M. Grijalva (D-Ariz.) and Congressional Hispanic Caucus Chairwoman Michelle Lujan Grisham (D-N.M.) held a joint forum on Puerto Rico’s fiscal and humanitarian crisis. The forum examined the human cost of the financial crisis and addressed options for recovery that lift people out of poverty, protect and restore worker rights, and promote economic growth.  The event is open to media and the public.

The forum comes on the heels of a looming deadline on debt restructuring negotiations between the Government of Puerto Rico and creditors. On May 1, 2017, an automatic stay on creditor lawsuits against Puerto Rico expired. Given the predatory nature of vulture funds, an avalanche of lawsuits could turn Puerto Rico’s recession into a depression.  A 2015 Committee report explains how certain hedge funds are attempting to capitalize on the island’s financial difficulties at the expense of the 3.4 million U.S. citizens in Puerto Rico.

Media Coverage


  1. Frankie Miranda
    Senior Vice President
    Hispanic Federation
  2. Steve Kreisberg
    Director of Research and Collective Bargaining Services
    AFSCME International
  3. Iram Ramirez
    Secretary Treasurer of the PR Federation
    Labor AFL-CIO
  4. Simon Johnson
    Professor of Entrepreneurship
    MIT Sloan School of Management
  5. Eric LeCompte
    Executive Director
    Jubilee USA Network
  6. Mairym Ramos (Moderator)
    Puerto Rico Area Director
    SEIU International