Top Credit Rating Agency Warns Trump's 'Failure to Concede' and GOP Voter Suppression Could Tank [View all]

“The failure of the former president to concede the election and the events surrounding the certification of the results of the presidential election in Congress in January, have no recent parallels in other very highly rated sovereigns,” Fitch declared, explaining its negative outlook warning. “The redrafting of election laws in some states could weaken the political system, increasing divergence between votes cast and party representation. These developments underline an ongoing risk of lack of bipartisanship and difficulty in formulating policy and passing laws in Congress.”
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And it cited as one of three possible reason for a downgrade, “A deterioration in governance quality that undermines the integrity of the U.S. political system, with potential negative implications for the effectiveness of the government and institutions in managing the economy and absorbing adverse shocks.”