Hedge Funds
The top Democrat on the U.S. House Natural Resources Committee is pushing for a congressional hearing into the role of hedge funds in Puerto Rico’s debt crisis. “This behavior, while profitable, is reprehensible,” Grijalva wrote in a letter to committee Chairman Rob Bishop of Utah. “A hearing that casts the spotlight on this gross inequity could help Puerto Rico on the path to recovery,” Bishop said he hadn’t yet looked at Grijalva’s...