FEMA Has 'Significant Concerns' About $300 Million Deal With Utility Company

The Federal Emergency Management Agency (FEMA) is looking into how a contract between Puerto Rico and a tiny power company -- whose CEO and partner are friendly with the Trump administration -- was procured, according to a statement. A small utility company in Montana signed a $300 million contract with the Puerto Rico Electric Power Authority (PREPA) to restore electricity to the U.S. territory. The deal raised eyebrows after the Weather Channel reported that the company, Whitefish Energy Holdi...