OMB director on possible US credit downgrade: ‘We don’t control the Fitch process’ ...Middle East

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OMB director on possible US credit downgrade: ‘We don’t control the Fitch process’
Shalanda Young, director of the White House Office of Management and Budget, underscored on Sunday that the U.S. doesn't control the country's credit rating, which could be impacted by what was the threat of default ahead of a debt ceiling deal signed by President Biden. Appearing on CNN's "State of the Union," Young was asked whether she's worried America's credit could still be downgraded. “This is what I will say. You heard me, you heard many other administration officials, you heard the president of the United States saying, we can't threaten default. Brinksmanship is bad. And while we don't control the Fitch process, this is exactly why we talked about this for months, that

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