Puerto Rico is set to register its largest default to date on Friday as $2 billion in debt payments are due to its creditors.
The bill to help Puerto Rico with its debt crisis moves to the Senate after the U.S. House passed the bill with bipartisan support.
A bill to help aid the fiscally strapped island of Puerto Rico was unveiled late on Wednesday by House Republicans after a month of negotiations.
Here are Stanley Druckenmiller's investment recommendations at the Sohn Investment Conference.
Puerto Rico will miss a major debt payment due to creditors Monday, registering the largest default to date for the struggling U.S. territory.
Puerto Rico is at risk of registering its largest default to date, as $470 million in debt obligations are due on Monday.