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  • Bishop Statement on President’s PROMESA Oversight Board Appointments
    Press Release
    Aug 31, 2016 -
    House Committee on Natural Resources Chairman Rob Bishop (R-UT) issued the following statement on President Obama’s appointments to the Financial Management and Oversight Board (Oversight Board) established through the Puerto Rico Oversight, Management, and Economic Stability Act (Public Law No. 114-187). “We applaud t... More
  • Bishop Statement on Senate Passage of PROMESA
    Press Release
    Jun 29, 2016 -
    Today, the U.S. Senate passed S. 2328, the Puerto Rico Oversight, Management, and Economic Stability Act (PROMESA), with a bipartisan vote of 68-30. Chairman Rob Bishop (R-UT) issued the following statement: “With a decade-long recession, worsening humanitarian conditions, a mass exodus of its residents and a looming f... More
  • House Passes Puerto Rico Legislation with Bipartisan Support
    Press Release
    Jun 9, 2016 -
    Today, the House passed H.R. 5278, the Puerto Rico Oversight, Management, and Economic Stability Act (PROMESA), with a bipartisan vote of 297-127. “Today the House acted to prevent Puerto Rico's fiscal crisis from escalating to a humanitarian catastrophe. This legislation provides Puerto Rico with tools to impose disci... More
  • Bishop Issues Statement on PROMESA Advancing in House
    Press Release
    May 25, 2016 -
    The House Committee on Natural Resources today passed H.R. 5278, the Puerto Rico Oversight, Management, and Economic Stability Act, with a bipartisan vote of 29-10. Chairman Rob Bishop (R-UT) issued the following statement: “Congress has a moral and constitutional responsibility to address the growing crisis in Puerto ... More
  • Chairman Bishop’s Opening Statement for Full Committee Markup of H.R. 5278
    Press Release
    May 24, 2016 -
    Today, during the Committee’s markup on H.R. 5278 (Rep. Sean Duffy), the “Puerto Rico Oversight, Management, and Economic Stability Act (PROMESA),” Chairman Rob Bishop (R-UT) delivered the following statement: As prepared for delivery: “Puerto Rico is in the midst of a financial and economic crisis of historic proporti... More
  • PROMESA Promises Hope for Puerto Rico and Its Investors
    Op-Eds and Speeches
    May 22, 2016 -
    OP-ED: PROMESA Promises Hope for Puerto Rico and Its Investors By Rep. Rob Bishop & Rep. Sean Duffy Chapter 9 bankruptcy isn’t the only option for Puerto Rico With great power comes great responsibility. Under the U.S. Constitution, Congress is vested with the power to “make all needful rules and regulations respectin... More
  • Revised Puerto Rico Legislation Introduced in House
    Press Release
    May 18, 2016 -
    Tonight, H.R. 5278, the “Puerto Rico Oversight, Management, and Economic Stability Act (PROMESA),” was introduced in the House. Bill sponsor Rep. Sean Duffy (R-WI), Committee on Natural Resources Chairman Rob Bishop (R-UT) and cosponsor Rep. Jim Sensenbrenner (R-WI) issued the following statements: “Years of disastrous... More
  • Washington Post: A Dark Money Group's Misleading Claim that the Puerto Rico Debt Plan is a 'Bailout'
    In Case You Missed It
    May 10, 2016 -
    Michelle Ye Hee Lee “Small investors like Teresa own 80 percent of Puerto Rico’s debt. … This is a bailout of Puerto Rico on the backs of savers like Teresa. Congress wants to bail out Puerto Rico with Teresa’s retirement savings.” –political ad by Center for Individual Freedom The Center for Individual Freedom is a 5... More
  • Panel: PROMESA Will Solve Puerto Rico’s Economic Crisis and Avoid Federal Bailout
    Press Release
    Apr 13, 2016 -
    Today, the Committee held a legislative hearing on H.R. 4900, the “Puerto Rico Oversight, Management, and Economic Stability Act (PROMESA).” This is the fourth in a series of hearings to address the deepening fiscal crisis in Puerto Rico. The witnesses testified that the foundations of this bill are legally, economical... More
  • Bishop: Obama Administration’s Proposed Changes to Puerto Rico Legislation Necessitate Markup Delay
    Press Release
    Apr 13, 2016 -
    Today, after the House Committee on Natural Resources adjourned markup on H.R. 4900, the “Puerto Rico Oversight, Management, and Economic Stability Act (PROMESA),” Chairman Rob Bishop (R-UT) issued the following statement: “The Administration is still negotiating on provisions of the legislation, creating uncertainty i... More
 

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Legislative Hearing on Discussion Draft of the Community Reclamation Partnerships Act
Subcommittee on Energy and Mineral Resources | 1324 Longworth House Office Building Washington D.C. 20515
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