The debt ceiling drama may feel like it's over, but it may have only just begun [CNN]
Moody's Corporation (MCO)
Last moody's corporation earnings: 4/30 07:00 am
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Source: CNN
New York CNN — Here's why: It's not a done deal The House of Representatives is set to vote on the bill on Wednesday , less than a week before the June 5 X-date. If the House passes the bill as expected, it would then need to be passed by the Senate and sent to Biden to be signed into law. It's an extremely tight timeline and adds a huge amount of pressure on the leadership of both parties. Credit rating agencies could still downgrade US debt Even if the bill is passed in time to avoid a default, credit rating agencies could still downgrade US debt if people lost a significant amount of confidence in the country's ability to repay its debts on time. That's what merited the first-ever downgrade of US debt in 2011. Three days after lawmakers signed a deal, Standard and Poor's downgraded US debt from its highly coveted AAA status due to a loss in confidence in the country's ability to repay its debts from months of squabbling among lawmakers. That sent markets sharply
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MCO
Earnings
- 2/14/24 - Miss
MCO
Sec Filings
- 4/19/24 - Form 8-K
- 4/2/24 - Form 3
- 4/2/24 - Form 4
- MCO's page on the SEC website