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    Feds and Puerto Rico Reach Deal Allowing Disaster Recovery Loans To Start Flowing

    Puerto Rico's governor had been locked in tense negotiations with the U.S. Treasury over terms governing $4.7 billion in loans that Congress approved to help the island recover from Hurricane Maria.
    by Adrian Florido Mar 22, 2018 2 minutes
    Puerto Rico Gov. Ricardo Rossello and U.S. Treasury Secretary Steven Mnuchin announced a deal that would allow billions of dollars in federal disaster recovery loans to start flowing to the hurricane-devastated island.

    For months, Puerto Rico Gov. Ricardo Rossello has been struggling to get the U.S. Treasury to release $4.7 billion in disaster recovery loans that the U.S. Congress approved in October, weeks after Hurricane Maria devastated the island commonwealth. U.S. Treasury Secretary Steven Mnuchin had delayed

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