Treasury Secretary Scott Bessent on Sunday dismissed Moody's downgrade of the U.S. sovereign credit rating, saying the Trump administration would ensure U.S. economic growth outpaced its debt and ...

US Treasury Sec. Scott Bessent blew off Moody's recent downgrade of the US credit rating, instead promoting the fairy tale that their tax cuts will pay for themselves while Jake Tapper nodded along.

The U.S. losses top credit rating on skyrocketing debt and interest payment ratios. China rare earth curbs hitting supply ...

US Treasury Secretary Scott Bessent dismissed Moody's downgrade of the United States’ sovereign credit rating. The ratings ...

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A U.S. sovereign downgrade by Moody's has exacerbated investor worries about a looming debt time-bomb that could spur bond ...

The rating decrease also follows President Donald Trump’s chaotic tariff rollout, which left markets and businesses jittery. Utah Sens. Mike Lee and John Curtis both called for additional cuts in the ...

The financial ratings firm lowered the U.S. credit rating from the gold-standard Aaa to Aa1. It said it expected federal ...

Moody's, a credit rating agency, has downgraded the creditworthiness of the US government, citing high debt and a lack of ...

The Moody’s ratings agency downgraded U.S. creditworthiness on Friday from the triple-A category to double-A, as Republicans ...

Congress and past administrations have been unable to agree on how to curb the pattern of substantial yearly budget deficits and rising interest costs.

The Moody's announcement follows similar actions from Fitch and S&P in recent years and could result in higher borrowing costs.