Inside how Biden's frustrated advisers crafted an 'aggressive' response to Fitch's downgrade of US credit
Outreach from Fitch Ratings to the Treasury Department on Monday afternoon set off a frenzy inside the Biden administration to respond to news that would once again put President Joe Biden's handling of the economy under the microscope.
2023-08-03 19:21
Rampant DC dysfunction made America's credit downgrade inevitable
For only the second time in history, America lost its perfect rating on its long-term debt — the exact thing everyone said would happen when lawmakers decided to play chicken with the full faith and credit of the United States.
2023-08-03 17:24
Fitch downgrades Fannie Mae, Freddie Mac after US rating cut
Ratings agency Fitch on Wednesday downgraded U.S. mortgage finance giants Fannie Mae and Freddie Mac Long-Term Issuer Default
2023-08-03 06:48
Fitch's historic downgrade may be a black eye for the US but not much more
There may not be any lasting major negative ramifications from the surprise US credit rating downgrade by Fitch this week — not for the economy, not for consumers and not for the government's ability to borrow.
2023-08-03 05:54
Janet Yellen: Credit downgrade 'puzzling' and unwarranted'
Janet Yellen defends the US, as stock markets fall after credit downgrade.
2023-08-03 03:23
Yellen says Fitch downgrade 'entirely unwarranted' amid US economic strength
MCLEAN, Virginia U.S. Treasury Secretary Janet Yellen on Wednesday voiced more objections to Fitch Ratings' downgrade of the
2023-08-03 01:49
'The numbers speak for themselves.' Fitch defends US debt downgrade
Fitch Ratings is defending its controversial decision to downgrade the US credit rating by pointing to the nation's mountain of debt.
2023-08-03 00:47
Exclusive-Fitch: Decision to cut U.S. credit rating based on deteriorating governance, polarization
NEW YORK Fitch made its decision to downgrade the U.S. credit rating due to fiscal concerns and a
2023-08-02 21:53
U.S. markets may not see lasting impact from Fitch downgrade
By Susan Mathew Most major brokerages do not expect a sustained drag on U.S. financial markets following Fitch's
2023-08-02 21:26
Biden officials protest 'bizarre' Fitch downgrade, cite Trump-era woes
By David Lawder WASHINGTON (Reuters) -Biden administration officials complained on Tuesday about ratings agency Fitch's downgrade of the top U.S.
2023-08-02 09:24
Fitch downgrades US debt rating
Fitch Ratings downgraded its US debt rating on Tuesday from the highest AAA rating to AA+.
2023-08-02 05:55
Fitch cuts US government's AAA credit rating by one notch
Ratings agency Fitch on Tuesday downgraded the U.S. government's top credit rating to AA+ from AAA, citing an
2023-08-02 05:46