White House honors Hispanic Heritage Month

White House honors Hispanic Heritage Month

White House honors Hispanic Heritage Month

President Donald Trump wants Puerto Rico's $74 billion debt to be addressed through the bankruptcy process established under a law passed previous year, White House press secretary Sarah Huckabee Sanders said, not eliminated, as he suggested in a television interview. And he used an exaggerated Spanish accent several times while saying the territory's name.

But not definitive. It is bad news for bond insurers - Assured Guaranty, MBIA and Ambac Financial Group - who insure US$8.2bn, US$8.4bn, and US$9.6bn of Puerto Rico debt, respectively.

"We are also praying for the people of Puerto Rico". "This is a real humanitarian crisis that going on our third week and continues to unfold".

The mayor of San Juan, Puerto Rico, has been making headlines for her criticism of President Donald Trump's response to Hurricane Maria.

Watch the clip above, via MSNBC. (Because what else do you do when the leader of the most powerful country cracks a bad joke?) But the internet responded a little differently.

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"As we have said many times before. we're never going to say in advance what the President's going to do, and as he said last night in addition to those comments you're going to have to wait and see", she said when asked by reporters if he was referring to military action.

Mixed words: Trump said sometimes Hispanics are "too tough", but 'that's OK.

The price of Puerto Rico bonds rallied after Mulvaney's comments and were little-changed on Thursday, steadying after the rout triggered by Trump's remarks.

But despite what's happening in the world of politics, the people of Puerto Rico are still very much in need of lifesaving supplies. It took Trump almost two weeks to visit the island, and during his visit, he inspired an angry storm of tweets when he tossed paper towels at the Latinx people who'd just lost everything.

Hispanic business, community, and faith leaders invited to join in the celebration are sure to be excused if their attention was diverted by Mrs. Trump's bold ensemble - an outfit that featured a tight-fitting white sweater and a flamenco-style red skirt with ruffles.

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