Hatch to Lead Task Force on Puerto Rico Growth

Sen. Orrin Hatch will serve as chairman of an eight-member congressional panel that will study how federal laws and programs are impacting Puerto Rico’s struggling economy.

Reports Bloomberg:

The Congressional Task Force on Economic Growth in Puerto Rico is part of legislation enacted on June 30 to deal with the commonwealth’s $70 billion debt crisis. House Speaker Paul Ryan appointed Hatch as chairman of the committee on Monday, according to the U.S. House website. Hatch, 82, serves as chairman of the Senate Finance Committee and was elected to the Utah seat in 1976.

The panel will draft a report by the end of this year that details any current federal laws that hamper growth on the island and suggest changes to Washington programs to help turnaround an economy that’s failed to grow in the last decade.

House and Senate majority and minority leaders appointed the committee members, which include Rep. Tom MacArthur of New Jersey; Rep. Sean Duffy of Wisconsin; Rep. Nydia Velazquez of New York; Pedro Pierluisi, Puerto Rico’s congressional member; and Senators Marco Rubio of Florida; Bob Menendez of New Jersey and Bill Nelson of Florida.