The short answer to this question is absolutely not
Imposed by US Congress and funded fully by a bankrupt Puerto Rican government, the Fiscal Control Boards main task in Puerto Rico was to demand more austerity by managing public institutions and services, including cutting funds for pension plans, public education, and public corporations on the island, while also reassuring hedge funds and creditors who had bought Puerto Ricos bonds that they would be paid.3 The conflicts of interest implicating each of the seven members of La Junta, as the Fiscal Control Board is colloquially called, are too numerous to address h ere (see Dayen 2016)
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