President Trump Disagrees With Moody's US Credit Rating Downgrade
In what is a statement of opposition to the decision, US President Donald Trump and his administration have vehemently disagreed with Moody’s decision to downgrade the United States’ credit rating. Indeed, Treasury Secretary Scott Bessent appeared on NBC News’ Meet the Press, where he challenged the rating’s importance. On Friday, the White House criticized the decision to downgrade the rating, according to Bloomberg. Specifically, the ratings firm cut the sovereign credit rating by a single level to close the week. It had identified concerns with the nation’s $36 trillion debt as the major reasoning behind the decision. JUST IN: President Trump disagrees with Moody's decision to downgrade the US credit rating. — Watcher.Guru (@WatcherGuru) May 19, 2025 Also Read: President Trump Ushering In Crypto ‘Golden Age,’ White House Official Says Trump Administration Challenges Moody’s US Credit Rating Downgrade It has been a rather overwhelming and often dis...