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Trump Is Launching a Hostile Takeover of Puerto Rico

Published on: Tuesday 12 August 2025

On Monday, August 4, President Donald Trump dismissed five of the seven members of the Puerto Rico Financial Oversight and Management Board (FOMB), the entity that, for all intents and purposes, governs Puerto Rico. The move likely signals the start of a Trumpian takeover of the island that will only intensify austerity, poverty, and the […]

News source: https://www.msn.com/en-us/money/markets/trump-is-launching-a-hostile-takeover-of-puerto-rico/ar-AA1KsloG

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Trump Is Launching a Hostile Takeover of Puerto Rico