Trump Says Puerto Rico's Debt Should Be 'Wiped Out'

President Donald Trump said Tuesday that "you can say goodbye" to Puerto Rico's crushing public debt, as the territory faces a difficult recovery from the devastation of Hurricane Maria.

"We have to look at their whole debt structure," Trump told Geraldo Rivera in an interview on Fox News. Asked about the administration's commitment to help rebuild the battered island, Trump said Puerto Rico owes "a lot of money to your friends on Wall Street, and we're going to have to wipe that out.