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Report Video IssueSec. Yellen on Fitch Downgrading U.S. Credit Rating
2023-08-02T13:50:26-04:00https://ximage.c-spanvideo.org/eyJidWNrZXQiOiJwaWN0dXJlcy5jLXNwYW52aWRlby5vcmciLCJrZXkiOiJGaWxlc1wvNDE0XC8wMDFcLzE2OTA5OTg2ODJfMDAxLmpwZyIsImVkaXRzIjp7InJlc2l6ZSI6eyJmaXQiOiJjb3ZlciIsImhlaWdodCI6NTA2fX19"I certainly disagree with Fitch's decision, and I believe it is entirely unwarranted," said Treasury Secretary Janet Yellen on Fitch, a big-three credit rating agency, downgrading the credit of the U.S. from AAA to AA+. The secretary continued to say, "at the end of the day, Fitch's decision does not change what all of us already know. The treasury securities remain the world's preeminent safe and liquid asset and that the American economy is fundamentally strong."
"I certainly disagree with Fitch's decision, and I believe it is entirely unwarranted," said Treasury Secretary Janet Yellen on Fitch, a big… read more
"I certainly disagree with Fitch's decision, and I believe it is entirely unwarranted," said Treasury Secretary Janet Yellen on Fitch, a big-three credit rating agency, downgrading the credit of the U.S. from AAA to AA+. The secretary continued to say, "at the end of the day, Fitch's decision does not change what all of us already know. The treasury securities remain the world's preeminent safe and liquid asset and that the American economy is fundamentally strong." close
People in this video
- Harrison Smith Director Internal Revenue Service->Enterprise Digitalization
- Danny Werfel Commissioner Department of the Treasury->Internal Revenue Service
- Janet L. Yellen Secretary Department of the Treasury
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