From Yahoo Finance: 2025-05-16 17:38:00

Moody’s has downgraded the United States credit rating from AAA to AA1, citing concerns over the tax bill. Joseph Lavorgna, SMBC Nikko Securities Chief US Economist, questions the timing of the announcement. Lavorgna shares his thoughts on the downgrade in an interview with Bloomberg’s “Balance of Power” hosts Kailey Leinz and Joe Mathieu.



Read more at Yahoo Finance: Lavorgna on Moody’s United States AA1 Credit Downgrade