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Bill said to be needed to avoid USVI default languishes

Bill said to be needed to avoid USVI default languishes
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Puerto ricoVirgin islandsJanelle sarauwThomas aaronMatt fabianBill cassidyAlbert bryan jrBob menendezJoseph kristStacey plaskettJenniffer gonzLisa washburnUs office of insular affairsPower authorityUs congressPuerto rico infrastructure finance authority

Effort to provide permanent support for USVI and Puerto Rico

Many say continued lower rate would threaten U.S. Virgin Islands' financial solvency.

Puerto ricoUnited statesStacey plaskettThomas aaronAlbert bryan jrBob menendezJanelle sarauwJenniffer gonzBill cassidyPuerto rico infrastructure finance authorityUs office of insular affairsInsular affairsAlbert bryanSenior credit officer thomas aaronPuerto rico infrastructure financial authorityUs virgin islands

Concerns raised about U S Virgin Islands rum cover rate

With 16 days left to the U.S. House of Representatives' session, a bill to raise the rate languishes in committee.

Puerto ricoVirgin islandsThomas aaronJenniffer gonzStacey plaskettJanelle sarauwUs congressMoody investors servicePuerto rico infrastructure finance authorityUs office of insular affairsMeans committeeVirgin islands public finance authorityIslands delegate stacey plaskettInsular affairsRico resident commissioner jenniffer gonzVirgin islands delegate stacey plaskett

Cut in rum tax rate could hammer USVI

Moody's says the cut is a credit negative for the U.S. Virgin Islands' matching fund bonds.

Puerto ricoVirgin islandsThomas aaronJenniffer gonzAlbert bryan jrOffice of insular affairsJohn moody investors serviceMoody investors serviceFinancial advisory authorityCongress stacey plaskettUs office of insular affairs onPuerto rico infrastructure finance authorityPuerto rico fiscal agencyCommittee on finance kurt vialetInsular affairsInvestors service

Pension deal buys time for U S Virgin Islands: Moody s

Analysts agree with Moody's that the island still faces financial risks.

United statesThomas aaronJoseph kristJohn hallacyPublic finance authorityFund special purpose securitization corporationSecuritization corporationMoody investors serviceUs virgin islands moody investors serviceGovernment employers retirementSenior credit officer thomas aaronInvestors serviceGeneral fundJohn hallacy consultingWarren buffetMuni credit news

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