STRENGTHEN CONGRESS' OVERSIGHT OF THE FINANCIAL OVERSIGHT AND MANAGEMENT BOARD FOR PUERTO RICO

STRENGTHEN CONGRESS' OVERSIGHT OF THE FINANCIAL OVERSIGHT AND MANAGEMENT BOARD FOR PUERTO RICO

Congressional Record, Volume 171 Issue 30 (Thursday, February 13, 2025) [Congressional Record Volume 171, Number 30 (Thursday, February 13, 2025)] [House] [Page H695] From the Congressional Record Online through the Government Publishing Office [ www.gpo.gov ] STRENGTHEN CONGRESS' OVERSIGHT OF THE FINANCIAL OVERSIGHT AND MANAGEMENT BOARD FOR PUERTO RICO (Mr. HERNANDEZ asked and was given permission to address the House for 1 minute and to revise and extend his remarks.) Mr. HERNANDEZ. Mr. Speaker, yesterday I introduced an amendment during the House Natural Resources Committee markup to strengthen Congress' oversight of the Financial Oversight and Management Board for Puerto Rico, specifically addressing net metering policies and the PREPA bankruptcy. Though the amendment didn't pass, it received bipartisan support from Representatives Tom McClintock, Nydia Velazquez, Darren Soto, and others. It is critical that Congress ensures transparency and accountability in Puerto Rico's financial and energy decisions. The FOMB's stance on net metering harms our people, and the PREPA bankruptcy remains unresolved. After 7 or 8 years of questionable Federal oversight, it is time to hold the overseers accountable. I will continue to fight for fairness and transparency for Puerto Rico, and I urge my colleagues to join me. ____________________