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Treasury Secretary Scott Bessent on Sunday dismissed Moody's downgrade of the U.S. sovereign credit rating, as the Republican ...
The U.S. losses top credit rating on skyrocketing debt and interest payment ratios. China rare earth curbs hitting supply ...
Treasury Secretary Scott Bessent downplayed concerns over the US’s government debt and the inflationary impact of tariffs on ...
The move came as Republicans seek to approve a large package of tax cuts, spending hikes and safety-net reductions which ...
Moody's has joined the two other rating agencies in determining that the US is no longer fit to hold a AAA credit score.
The downgrade from Moody’s means that each of the three major credit rating agencies no longer gives the United States its ...
The downgrade follows a change in the outlook on the sovereign in 2023 due to wider fiscal deficit and higher interest ...
Moody’s blamed the downgrade on more than a decade of increasing government debt and interest payment ratios, and the failure ...
White House communications director Steven Cheung criticized Moody's choice to downgrade the U.S. sovereign credit rating due ...