BTIG's Palmer Says Law Will Prevail on Puerto Rico Bonds

What was the initial market reaction to President Trump's comments on Puerto Rican bonds?

• Increased investment in bonds

• Panic among bondholders

• Optimism about bond recovery

• Indifference from investors

What is the extent of President Trump's influence on the Puerto Rican debt situation?

• He can veto the PROMESA law

• He can issue new bonds

• He can remove members of the oversight board

• He can directly alter the debt repayment terms

What legal process is in place to address Puerto Rico's debt issues?

• An executive order

• A financial bailout

• A judicial process

• A new legislative act

What does the PROMESA law require regarding liens?

• They need to be respected

• They can be altered by the oversight board

• They must be renegotiated

• They should be ignored

Which U.S. senators have expressed concerns about the oversight board's actions?

• Senators from New York and Illinois

• Senators from California and Texas

• Senators from Florida and Georgia

• Senators from Arkansas and North Carolina