Puerto Rico’s government on Wednesday announced another multimillion-dollar default as the crisis-wracked U.S. territory seeks to restructure nearly $70 billion in public debt.
The government said it missed $312 million worth of bond payments including $279 million owed by Puerto Rico’s Government Development Bank, which oversaw debt transactions until falling into a fiscal state of emergency itself. Officials warned the bank only has about $156 million in liquidity.
House Democrats announced Monday they'll hold a hearing next week focused on the Mueller Report and presidential obstruction, NBC News reported.
The Judiciary Committee hearing will include testimony from former White House Counsel John Dean, a key figure in the Watergate hearings that helped lead to then-President Richard Nixon's resignation.
The hearing — which comes as more House Democrats clamor to launch impeachment proceedings against President Donald Trump — will also include testimony from legal experts and former federal prosecutors.
