Treasure secretary calls Moody’s a ‘lagging indicator’ after U.S. credit downgrade

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Create your free profile or log in to save this article Create your free profile or log in to save this article Treasury Secretary Scott Bessent said in an interview on NBC News’ “Meet the Press” that Moody’s ratings were a “lagging indicator” after the group downgraded the United States’ credit rating by a notch from the highest level. “I think that Moody’s is a lagging indicator,” Bessent said Sunday. “I think that’s what everyone thinks of credit agencies.” Moody’s Ratings said last week that the downgrade from Aaa to Aa1 “reflects the increase over more than a decade in...