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Prepa Bankruptcy Back On Track After Court Ruling
Bloomberg Televisionยท2025-10-24 19:21

Why was prep of bankruptcy temporarily pause. I know we mentioned a Trump era ruling, but what happened. Yeah.Back in August, the Trump administration decided to fire all but one of PREPA board members. PREPA is the Puerto Rico Electric Power Authority, and it's the main supplier of electricity on the island. So it's just this vital source for the residents and businesses there and that the oversight board manages purpose, bankruptcy, and also the island's finances. And so the Trump administration wanted to ...