“We have to look at their whole debt structure,” Trump told Geraldo Rivera in an interview on Fox News. Asked about the administration’s commitment to help rebuild the battered island, Trump said Puerto Rico owes “a lot of money to your friends on Wall Street, and we’re going to have to wipe that out.”
“I don’t know if it’s Goldman Sachs, but whoever it is, you can wave goodbye to that,” he continued, citing Puerto Rico’s “massive” debt without elaborating on a relief plan.
Trump also responded to criticism of his administration’s disaster response efforts in the storm-ravaged territory, where at least 34 people have died and about millions remain without power in the wake of two powerful storms. Trump said of his response: “we may have done our best work here, but it hasn’t been appreciated.”
The President visited Puerto Rico Tuesday, nearly two weeks after Maria made landfall on Puerto Rico, for a little over five hours. The territory is home to approximately 3.5 million U.S. citizens. Saddled with $72 billion in public debt, its economy has struggled to recover from a decade-long recession, which has caused many to leave for the U.S. mainland. Its crumbling power grid suffered a total wipeout when Hurricane Maria lashed the island last month.
- Global Climate Solutions Exist. It's Time to Deploy Them
- What Happens to Diane Feinstein's Senate Seat
- Who The Golden Bachelor Leaves Out
- Rooftop Solar Power Has a Dark Side
- How Sara Reardon Became the 'Vagina Whisperer'
- Is It Flu, COVID-19, or RSV? Navigating At-Home Tests
- Kerry Washington: The Story of My Abortion
- Want Weekly Recs on What to Watch, Read, and More? Sign Up for Worth Your Time