Tuesday, 10 Jun 2025
  • Contact
  • Privacy Policy
  • Terms & Conditions
  • DMCA
logo logo
  • World
  • Politics
  • Crime
  • Economy
  • Tech & Science
  • Sports
  • Entertainment
  • More
    • Education
    • Celebrities
    • Culture and Arts
    • Environment
    • Health and Wellness
    • Lifestyle
  • 🔥
  • Trump
  • House
  • White
  • VIDEO
  • ScienceAlert
  • Trumps
  • Watch
  • man
  • Health
  • Colossal
Font ResizerAa
American FocusAmerican Focus
Search
  • World
  • Politics
  • Crime
  • Economy
  • Tech & Science
  • Sports
  • Entertainment
  • More
    • Education
    • Celebrities
    • Culture and Arts
    • Environment
    • Health and Wellness
    • Lifestyle
Follow US
© 2024 americanfocus.online – All Rights Reserved.
American Focus > Blog > Politics > HERE WE GO: Moody’s Downgrades US’s Credit For First in Over a Century – Trump Spox Responds |
Politics

HERE WE GO: Moody’s Downgrades US’s Credit For First in Over a Century – Trump Spox Responds |

Last updated: May 16, 2025 5:25 pm
Share
HERE WE GO: Moody’s Downgrades US’s Credit For First in Over a Century – Trump Spox Responds |
SHARE

Ah, the rollercoaster ride of U.S. credit ratings! Cast your mind back to when Moody’s downgraded the outlook for the United States to ‘negative’ during the Biden administration without actually touching the credit rating itself. Fast forward to today, and we find ourselves in a peculiar twist of fate: under President Trump’s watch, Moody’s has officially downgraded the U.S. credit rating for the first time in over a century.

Yes, the once-untouchable triple-A rating has been stripped away, with Moody’s attributing this significant shift to the ‘growth in government debt,’ as reported by CNBC.

In a detailed report, CNBC highlights:

Moody’s Ratings has downgraded the United States’ sovereign credit rating by one notch from Aaa to Aa1—the highest possible rating. The agency cited concerns over the increasing burden of financing the federal government’s budget deficit and the escalating costs of refinancing existing debt amid high-interest rates.

“This downgrade on our 21-notch rating scale reflects an increase in government debt and interest payment ratios over more than a decade to levels that are significantly higher than those of similarly rated sovereigns,” the rating agency stated.

This downgrade is expected to slightly increase the yield that investors demand to purchase U.S. Treasury debt, reflecting a perceived rise in risk, which could subsequently dampen sentiment toward U.S. assets like stocks. Nevertheless, it’s worth noting that all major credit rating agencies still grant the United States their second-highest available rating.

In response to this significant downgrade, President Trump’s spokesperson, Steven Cheung, was quick to dismiss the validity of Moody’s analysis, labeling its lead economist as an ‘Obama/Clinton hack.’

See also  High-Ranking Federal Prosecutor Resigns in Protest Over Kilmar Abrego Garcia Indictment |

“Mark Zandi, the economist for Moody’s, is an advisor to Obama and a donor to Clinton who has been a vocal opponent of Trump since 2016. His ‘analysis’ is not taken seriously by anyone, as he has been proven wrong time and again,” Cheung asserted.

Mark Zandi, the economist for Moody’s, is an Obama advisor and Clinton donor who has been a Never Trumper since 2016. Nobody takes his “analysis” seriously. He has been proven wrong time and time again. https://t.co/l1dUFM5BRY

— Steven Cheung (@StevenCheung47) May 16, 2025

TAGGED:CenturyCreditDowngradesMoodysRespondsSpoxTrumpUSs
Share This Article
Twitter Email Copy Link Print
Previous Article Biden Audio From Special Counsel Report Released, Features Memory Lapses Biden Audio From Special Counsel Report Released, Features Memory Lapses
Next Article IATSE Contracts Ratified By VFX Workers at Marvel, Disney, ‘Avatar’ IATSE Contracts Ratified By VFX Workers at Marvel, Disney, ‘Avatar’
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Popular Posts

Samsung and Harman Acquire Bowers & Wilkins, Denon, Marantz and More

Samsung is gearing up to revolutionize the audio experience on its future Galaxy smartphones with…

May 7, 2025

Teen raped by recent parolee in Bronx stairwell

A recent disturbing incident in the Bronx has left the community in shock. Casmine Aska,…

March 1, 2025

Rapper Lil Durk Arrested in Florida for Murder-For-Hire

Lil Durk Arrested in Florida for Murder-for-Hire Rapper Lil Durk has found himself in hot…

October 25, 2024

Chuck Schumer Claims Trump is Trying to Intimidate Judges – Forgets That He Threatened Members of SCOTUS in 2020 (VIDEO) |

Schumer's Claims of Judicial Intimidation During a recent appearance on Al Sharpton's MSNBC program, Senate…

April 28, 2025

TC Sessions: AI Trivia Countdown — score big on tickets

Welcome to JS Sessions: AI at UC Berkeley’s Zellerbach Hall on June 5 – where…

June 1, 2025

You Might Also Like

Earn 0 in cash and cash-back rewards with these Capital One student credit cards
Economy

Earn $100 in cash and cash-back rewards with these Capital One student credit cards

June 10, 2025
Mayoral candidate Brad Lander burns through cash, putting him at home-stretch disadvantage
Politics

Mayoral candidate Brad Lander burns through cash, putting him at home-stretch disadvantage

June 10, 2025
Homeland Security Announces New Self-Deport Plan for Illegal Aliens – All Applicants Will Receive ,000, Forgiveness of Fines, Cost-Free Travel and Preserve the Opportunity to Return |
Politics

Homeland Security Announces New Self-Deport Plan for Illegal Aliens – All Applicants Will Receive $1,000, Forgiveness of Fines, Cost-Free Travel and Preserve the Opportunity to Return |

June 10, 2025
How Livestreaming has Evolved and Which Social Media Platform is the Best |
Politics

How Livestreaming has Evolved and Which Social Media Platform is the Best |

June 10, 2025
logo logo
Facebook Twitter Youtube

About US


Explore global affairs, political insights, and linguistic origins. Stay informed with our comprehensive coverage of world news, politics, and Lifestyle.

Top Categories
  • Crime
  • Environment
  • Sports
  • Tech and Science
Usefull Links
  • Contact
  • Privacy Policy
  • Terms & Conditions
  • DMCA

© 2024 americanfocus.online –  All Rights Reserved.

Welcome Back!

Sign in to your account

Lost your password?