The White House has dismissed five of the seven members of the Financial Oversight and Management Board for Puerto Rico, a federal watchdog responsible for overseeing the island's finances. The members removed are Chairman Arthur J. Gonzalez, Cameron McKenzie, Betty Rosa, Juan Sabater, and Luis Ubiñas. The board has been involved in high-stakes debt and contract negotiations, including overseeing contracts such as an $850,000 monthly advisory fee related to Puerto Rico Electric Power Authority (Prepa) debt restructuring. According to a White House official, the dismissals were due to inefficiencies and ineffectiveness in the board's operations, as well as concerns over exorbitant staff salaries. The board was established under Public Law 114–187 (PROMESA) to help Puerto Rico achieve fiscal stability. The White House cited the legal authority under PROMESA allowing the President to remove members "for cause," and noted that some contracts expired on June 30, 2025. The Puerto Rico Oversight Board has confirmed receipt of the White House communication regarding the dismissals. There is speculation about potential legal challenges from the dismissed members, particularly Arthur Gonzalez, known for his litigious nature.