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White House Selects Members of Puerto Rico Control Board

The White House on Wednesday announced the members of a new oversight board to help manage Puerto Rico's debt-stricken economy, with President Barack Obama expressing confidence that the panel could turn around a dire financial situation. Legislation passed in June set up the seven-member control board and required the White House to choose from a list recommended by Republican and Democratic congressional leaders by September. Similar to a board that oversaw the District of Columbia...

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