Pedro Pierluisi

After four centuries of Spanish rule, Puerto Rico was ceded to the United States in 1898. Residents were granted U.S. citizenship in 1917, and the federal government has allowed Puerto Rico to exercise authority over its local affairs in a manner similar to the 50 states.

The government of Puerto Rico has every right to hold a plebiscite, to consult the people of Puerto Rico regarding their wishes. But the truth is that for a change in the status of Puerto Rico to happen, you need both Congress and Puerto Rico agreeing to it.

Leverage is great when it works, and when it doesn't work, it creates a lot of issues. So I think if you limit the amount of leverage that people can borrow, or that banks can borrow, I think you'll find that you'll have a lot less issues going forward.

Though the views of members of the House and Senate are as divergent as the people we represent, we bear the responsibility to work through our political differences and get things done. That's our job.