[20201123]LSB10555_波多黎各金融监督和管理委员会：最高法院的分析及其对国会的意义.pdf

CRS Legal Sidebar Prepared for Members and Committees of Congress Legal SidebarLegal Sidebari i Puerto Ricos Financial Oversight and Management Board: The Supreme Courts Analysis and What It Means for Congress November 23, 2020 The Supreme Courts recent decision in Financial Oversight & Management Board for Puerto Rico v. Aurelius Investment, LLC (Aurelius), in which the Court rejected an Appointments Clause challenge to Puerto Ricos Financial Oversight and Management Boards (Board) composition, is significant to Congress for several reasons. First, it allows Puerto Ricos debt adjustment proceedings under Title III of the Puerto Rico Oversight, Management, and Economic Stability Act (PROMESA) to proceed. More generally, Aurelius reinforces Congresss authority to create offices that do not require Senate confirmation if the individuals filling those offices perform primarily local duties in the Territories (e.g., American Samoa, Guam, the Northern Mariana Islands, Puerto Rico, and the U.S. Virgin Islands), or the District of Columbia. This Sidebar analyzes the Courts ruling and its potential import. Background on PROMESA Puerto Rico and many of its instrumentalities have experienced