US protests credit rating downgrade ...News

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US protests credit rating downgrade
source : Russia Today ( News ) () 22
The White House and Treasury “strongly disagreed” with the move by Fitch Both the White House and the US Treasury Department raised objections on Tuesday to the decision by the credit rating company Fitch to downrank US long-term rating from AAA to AA+. “We strongly disagree with this decision,” White House press secretary Karine Jean-Pierre told reporters, claiming it “defies reality” because President Joe Biden has led the American economy to a “robust recovery.” Treasury Secretary Janet Yellen also “strongly disagreed” with Fitch’s decision, arguing it was “arbitrary and based on outdated data” and that US Tre

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