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On December 25, 2024, the Center for Investigative Journalism (CPI) filed a lawsuit against the State Election Commission (SEC) for failing to provide information requested by several journalists on election day. [24] Final certifications are due on December 26, 2024, as set by the Puerto Rico State Commission (CEE). [25]
The Office of the Commissioner of Financial Institutions of Puerto Rico—in Spanish: Oficina del Comisionado de Instituciones Financieras (OCIF)—is an office of the Department of Treasury of Puerto Rico that supervises and regulates Puerto Rico's financial sector to ensure its safety and soundness, as well as to oversee a strict adherence to all applicable laws and regulations.
In the 2016 gubernatorial election, the independent candidate Alexandra Lúgaro managed to arrive in third with 11.13%, María De Lourdes Santiago of the Puerto Rican Independence Party (PIP) and Rafael Bernabe from the Working People's Party (PPT) failed to reach the 3% threshold required to remain registered with 2.13% and 0.34% respectively. [1]
In September 2024, the American Civil Liberties Union (ACLU) filed a lawsuit seeking a preliminary and permanent injunction, as well as a declaratory judgment, allowing potential voters to register, through October 6. [9] On October 1, the High Court of Puerto Rico dismissed the lawsuit filed by the American Civil Liberties Union (ACLU).
Popular, Inc. headquarters in the Golden Mile of Hato Rey, Puerto Rico.. The bank was founded in Puerto Rico in 1893 when the island was still under Spanish administration. It was led in its early stages by Rafael Carrión Sr. and Don Manuel Muñoz Barrios, the latter of which was the company's first president and administrato
On June 29, 1993, it acquired Caribbean Federal Savings Bank of Puerto Rico, [3] followed by the Fajardo Federal Savings Bank [4] on August 5, 1998, then Continental Capital Corp. [5] on October 7, 1999, and finally Crown Group, Inc. [6] on June 7, 2002.
The Bank was the brainchild of Governor Rexford Guy Tugwell, who signed Law 253 of May 13, 1942, creating the institution in charge of economic development for the Government of Puerto Rico. A subsequent law in 1945 expanded its responsibilities to include serving as the fiscal agent for, and financial advisor of, the government of Puerto Rico.
The Puerto Rican government-debt crisis was a financial crisis affecting the government of Puerto Rico. [a] The crisis began in 2014 when three major credit agencies downgraded several bond issues by Puerto Rico to "junk status" after the government was unable to demonstrate that it could pay its debt.