Velázquez Comments on Harvard, Yale Protests on Puerto Rico Debt

Washington, DC – Rep. Nydia M. Velázquez (D-NY) commented today on protests and campaigns at both Harvard and Yale regarding the institutions' relationships with hedge funds that have invested in Puerto Rico's debt:

"I applaud the students and faculty who are standing up to say their educational institutions should not be profiting off Puerto Ricans' hardship. I hope Harvard and Yale heed this call and pressure hedge funds to stop seeking profit at the expense of the Puerto Rican people. In this regard, Harvard and Yale have an opportunity to serve as moral leaders for other institutional investors. For my part, I will continue promoting legislation that would offer Puerto Rico an avenue to comprehensive debt relief."

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