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Moodys downgrades JPM, BofA and Wells Fargo

Moody's downgrades JPM, BofA and Wells Fargo after US credit rating cut

Moody's on Monday downgraded the long-term ratings of top American lenders such as JPMorgan Chase , Bank of America and Wells Fargo , after pushing the U.S. out of top triple-A rating club over its burgeoning $36 trillion debt.

· 4d · on MSN

Wells Fargo and Other US Banks Get Ratings Cut by Moody’s. Why Their Stocks Aren’t Getting Crushed.

· 4d · on MSN

Moody's downgrades BofA, JPMorgan, Wells Fargo, other big banks after U.S. credit cut

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Moody’s reprimands Uncle Sam for squandering Hamilton’s vision

The reckoning comes as House Republicans push to extend the 2017 Trump tax cuts with a “big, beautiful bill.”

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Did Moody's Just Pump Bitcoin?

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America's Credit Is Falling—and the Government Is Still Digging Deeper Into Debt

How markets reacted after Moody's lowered ratings for Bank of America, other big banks

An economist explains why the recent credit rating downgrades for major U.S. banks might not carry a big impact.

US borrowing costs climb after Moody’s downgrade

The rise in bond yields comes after Moody’s downgraded the US’s triple A sovereign credit rating on Friday evening, warning about rising levels of government debt and a widening budget deficit. On Sunday evening, a congressional budget committee approved a tax bill from the Trump administration that is expected to further worsen public finances.