Blackstone CEO Steve Schwarzman weighs in on the Fitch downgrade: 'The numbers justify it, regrettably.'
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Blackstone CEO Schwarzman Says ‘Numbers Justify’ Fitch DowngradeSteve Schwarzman said Fitch Ratings’ downgrade of the US long-term credit rating was appropriate after multiple debt-limit standoffs.
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Blackstone's Steve Schwarzman says numbers ‘justify’ Fitch downgrade of U.S. credit ratingBlackstone CEO Steve Schwarzman said Fitch Ratings’ recent downgrade to long-term U.S. debt was justified.
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Fitch downgrades US debt on debt ceiling drama and governance worries | CNN BusinessFitch Ratings downgraded its US debt rating on Tuesday from the highest AAA rating to AA+, citing “a steady deterioration in standards of governance.”
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Fitch tells CNN why it downgraded America now | CNN BusinessFitch Ratings is defending its controversial decision to downgrade the US credit rating by pointing to the nation’s mountain of debt.
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Yellen: Fitch downgrade 'entirely unwarranted' amid US economy's strengthU.S. Treasury Secretary Janet Yellen on Wednesday voiced more complaints about Fitch Ratings' downgrade of the main U.S. credit rating, calling it 'entirely unwarranted' because it ignored improvements in governance metrics during the Biden administration and the country's economic strength.
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Opinion | Three takeaways on Fitch’s weird downgrade of the U.S. credit ratingAmericans should not panic. But they also should not be complacent about the nation's long-term debt problem.
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