What is The Economic Recovery Initiative – Puerto Rico? We are business leaders who value the special relationship that exists between the U.S. mainland and Puerto Rico.

Congress and the Trump Administration must take steps to restore stability to the island.

The crisis could be extremely costly for the people of Puerto Rico and U.S. taxpayers alike.

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Latest News

By Jessica Resnick-Ault, U.S. News & World Report NEW YORK (Reuters) – The U.S. Army Corps of Engineers plans to begin removing mega-generators providing backup power at Puerto Rico’s power plants as soon as next week, as the plants are deemed stable, leaving the island vulnerable to power disruptions during hurricane season. Puerto Rico has… read more

By Lea Lane, Forbes When I visited Puerto Rico before it was devastated from Hurricane Maria last year, despite some economic problems, historic Old San Juan looked pretty as ever, cruise ships were docking, and the countryside was lush and green. The industry was hopeful that things would improve. But then, Maria. And the island… read more

By, Carmen Heredia Rodriguez, PBS UTUADO, Puerto Rico — Carmen Rodríguez Santiago counts herself lucky to have any water service at home. But eight months after Hurricane Maria, the 52-year-old security guard said the faucets in her cream-and-pink-colored house still run dry every two to three days, and the water, when it returns, is flecked… read more

By Lydia Belanger, Entrepreneur Puerto Rico was struggling long before Hurricane Maria devastated the island in September 2017. The Puerto Rican government had been looking for potential solutions toward economic recovery, and it had turned to Chile with the goal of emulating its successful government-funded accelerator, Startup Chile. Sebastian Vidal was a member of the… read more

By Caroline Simon, USA TODAY Before Hurricane Maria whipped through Puerto Rico last September, the Humacao Nature Reserve was a popular tourist attraction. Located on the island’s southeastern coast, the reserve was a picturesque place where visitors could hike, bird-watch, fish or kayak. But the Category 4 storm left the reserve’s trails severely damaged, and… read more