Treasury Secretary Janet Yellen criticized Fitch Ratings's decision to downgrade the U.S. economy to a "AA+" rating in remarks Wednesday. Fitch announced the downgrade Tuesday evening, citing years of partisan budget squabbles and the ballooning U.S. debt, which dropped the U.S. from its "AAA" rating. Yellen's comments Wednesday came during remarks delivered to IRS employees and mirrored the initial statement she released Tuesday night reacting to the decision. "Fitch’s decision is puzzling in light of the economic strength we see in the United States. I strongly disagree with Fitch’s decision,...
Fitch credit downgrade 'puzzling' and 'unwarranted,' Yellen says
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Join Living Room Conversations, our civil dialogue partner, and America Indivisible for a nationwide conversation on April 13, Thomas Jefferson’s 276th birthday. "Reckoning with Jefferson: A Nationwide Conversation on Race, Religion, and the America We Want to Be" will be held via in-person and online video discussions. Sign up today!
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