Politics Nancy Pelosi

  • WASHINGTON, May 25- U.S. lawmakers on Wednesday backed a plan to help Puerto Rico escape crippling debt and expand the economy, a move that could put a rescue before the House of Representatives within days. Under the plan, investors may not sue Puerto Rico while the oversight board does its work, and all the island's creditors could face a loss despite recent...

  • NEW YORK/ WASHINGTON, May 19- U.S. lawmakers on Thursday began coalescing around revised bipartisan legislation to help address Puerto Rico's unpayable debt burden, which now threatens a full-blown humanitarian crisis. Puerto Rico has already defaulted on some of its roughly $70 billion in debt while trying to cope with a 45 percent poverty rate among its 3.5...

  • A Puerto Rican and an American flag fly outside the Capitol of Puerto Rico, home to the Senate and House of Representatives, in San Juan, Puerto Rico, on Sunday, May 1, 2016.

    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.

  • WASHINGTON, May 19- U.S. House of Representatives Democratic leader Nancy Pelosi said on Thursday that she hopes lawmakers will act quickly to move a bill addressing Puerto Rico's financial crisis through an oversight committee and onto the chamber's floor for a vote. She told reporters that the legislation unveiled late on Wednesday is "a bill that we can...

  • WASHINGTON/ NEW YORK, May 19- U.S. lawmakers on Thursday began coalescing around revised bipartisan legislation to help address Puerto Rico's unpayable debt burden that now threatens a full-blown humanitarian crisis. Puerto Rico has already defaulted on some of its roughly $70 billion in debt while trying to cope with a 45 percent poverty rate among its 3.5...

  • House Speaker Paul Ryan of Wis. speaks with reporters on Capitol Hill in Washington, Thursday, May 12, 2016, following his meeting with Republican presidential candidate Donald Trump.

    There's a pattern to opposition to Donald Trump within the GOP, and House Speaker Paul Ryan embraces it fully. What is it?

  • WASHINGTON, May 12- U.S. lawmakers are making progress toward legislation to address Puerto Rico's financial crisis and could produce a bill as early as Thursday, the top House Democrat said. "It was supposed to be filed yesterday; put it off to today. I don't mean right this minute, but the day is young, "House Democratic leader Nancy Pelosi told reporters.

  • WASHINGTON/ NEW YORK, May 11- Republicans on a U.S. House of Representatives panel said they were making progress on a Puerto Rico debt relief bill that will take the same basic approach as an earlier failed version, despite cancelling plans to unveil new legislation on Wednesday. The House Natural Resources Committee said more time was needed to refine the...

  • U.S. lawmaker's race to pass a rescue bill to aid Puerto Rico has stalled as a perilous debt deadline approaches for the territory.

  • WASHINGTON, April 14- Democratic and Republican lawmakers are working in "good faith" to finalize legislation addressing Puerto Rico's debt crisis by May 1, Nancy Pelosi, the Democratic leader in the U.S. House of Representatives, said on Thursday. Republicans who control Congress outlined a plan this week to help Puerto Rico write off billions of dollars in debt...

  • WASHINGTON, April 13- The U.S. Congress was ironing out a new plan on Wednesday to rescue Puerto Rico from crippling debts that threaten the island territory's funding for hospitals and emergency services, as the treatment of bondholders simmers as a point of contention. It would steer creditors and holders of Puerto Rico bonds toward a new, independent board...

  • WASHINGTON, April 13- House Republicans' rescue plan to help Puerto Rico shed crippling debt has problems and could hurt residents of the U.S. commonwealth, House Democratic Leader Nancy Pelosi said, adding that the proposed legislation is "fixable." Leading House Republicans on Tuesday outlined their plan, which would steer creditors and holders of Puerto Rico...

  • WASHINGTON, April 12- Leading Republicans on Tuesday outlined a plan to help Puerto Rico shed crippling debt and accused investor-allied groups of misleading lawmakers about the proposal. The rescue would steer creditors and holders of Puerto Rico bonds toward a new, independent board that would seek a fair way to write down an estimated $70 billion in debt.

  • Women protest for equal pay

    Tuesday marks Equal Pay Day, an annual opportunity for Democrats to lambast Republicans for inaction on the issue.

  • Puerto Rico, with $70 billion in total debt and a 45 percent poverty rate, faces economic collapse without a solution to its debt. If those talks failed, Puerto Rico or its agencies could restructure debt under rules similar to U.S. bankruptcy law, including in certain situations via "cram-down"- forcing cuts on creditors that do not agree to them.

  • Nancy Pelosi

    The House of Representatives Democratic leader said concerns have risen about the tax extender and U.S. spending bill.

  • U.S. Capitol in Washington, D.C.

    Congressional negotiators edged closer to a historic deal to lift a 40-year-old ban on U.S. crude oil exports as part of a government spending bill.

  • Federal Reserve Chair Janet Yellen

    Yellen called the proposed law a "grave mistake," that would undermine Fed policy and the greater U.S. economy.

  • House Speaker John Boehner announces his resignation during a press conference on Capitol Hill September 25, 2015 in Washington, DC.

    John Boehner's departure will help these GOP candidates the most, says GOP strategist Sara Fagen.

  • House Speaker John Boehner (R-OH) publicly announces his resignation as Speaker and from the U.S. Congress at a news conference at the U.S. Capitol in Washington, September 25, 2015.

    House Speaker John Boehner, under fire from conservatives over a government shutdown, said Friday he will resign from Congress at the end of October.