WASHINGTON — House Republicans have struggled to please Puerto Rico’s government, creditors and their own caucus members as they try to figure out a way to help the island out of $70 billion in debt.

Utah Rep. Rob Bishop, the GOP chairman of the House Natural Resources Committee, is gingerly trying to bring all those stakeholders together this week as the committee considers legislation designed to turn around Puerto Rico’s spiraling economy. On Tuesday, Bishop and Rep. Sean Duffy, R-Wis., released a new draft of compromise legislation to create a tough new financial control board for the territory.

Puerto Rico’s governor has said the island is in the midst of a humanitarian crisis as multi-million-dollar payments to creditors loom. The territory has already defaulted on some smaller payments.

Seeking to bring his caucus together, House Speaker Paul Ryan quickly endorsed the legislation, which would create a seven-member board to audit the government and put financial plans in place but still allow the island’s government to have some say in the process.

“Congress has a constitutional and financial responsibility to bring order to the chaos that is unfolding in the U.S. territory — chaos that could soon wreak havoc on the American bond market,” Ryan said.

The bill has been a priority for Ryan, who pledged last year to find a “reasonable solution” for Puerto Rico. Instead, the bill has divided the Republican caucus and failed to garner support from Democrats and Puerto Rican officials.

At issue is just how powerful the control board should be. Puerto Rican officials and congressional Democrats said draft legislation introduced by Bishop last month would take too much power away from the territory’s government.

Republicans have insisted that the board must be powerful enough to get the island’s economy back on track. As they released the new draft with some concessions, committee Republicans said they are aiming to avoid a “colonialist” approach.

The new version of the legislation increases the number of people on the control board from five to seven, adding two seats that would be chosen by the minority party in the House and Senate.

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