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Moody's Pushes U.S. Out Of Elite 'AAA' Credit Club, Citing Rising Debt
(Reuters) - Moody’s on Friday cut the U.S. credit rating by one notch, citing rising debt and interest payments that outpace those of similarly rated sovereigns, in a move that marks the end of an era as Moody’s was the last major agency to maintain a triple-A rating for U.S. sovereign debt.
Treasury Secretary Scott Bessent on Sunday dismissed Moody’s downgrade of the US sovereign credit rating, saying President Trump’s administration would ensure US economic growth ...
With this downgrade, Moody’s has joined the ranks of other major rating agencies. S&P made the first move in 2011, and Fitch ...
S&P Global Ratings stripped the United States of its coveted AAA credit rating in 2011, and Fitch Ratings did the same in ...
White House communications director Steven Cheung criticized Moody's choice to downgrade the U.S. sovereign credit rating due ...
Years of rising deficits and budget chaos finally caught up with the U.S. credit rating Friday when Moody’s Investor Service ...
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