- Long
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- Nov 07, 2020
Credit Rating Quotes
Officials weigh in on downgrades, debt, and financial trust.
These quotes come mostly from treasurers and lawmakers describing what a credit rating actually does: reassure investors, rate companies and bonds, or send shockwaves through government funds when it drops for the first time in history. The topic connects naturally to our Bonds quotes page.
- Last Updated on May 30, 2021
- Enough
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- Nov 07, 2020
Our men and women in uniform make enough sacrifices for our country. Their credit rating should not be one of those sacrifices.
- Poor
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- Nov 07, 2020
We have got this Damocles' sword of Standard and Poor's hanging over us, with the commitment they have made to review Britain's credit rating in the summer of 2010 after the general election. Everybody in Britain has a vital interest in ensuring that the triple A credit rating agency is maintained.
- Credit
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- Nov 07, 2020
We have new rules that give shareholders the ability to vote on executive compensation. We have new rules for asset-backed securities. We have new rules around credit rating agencies.
- Government
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- Nov 07, 2020
I'm the treasurer of the state of Ohio, where, when the United States credit rating was downgraded for the first time in American history, and 14 government funds around the country were downgraded, we earned the highest rating we could earn on our $4 billion investment fund.
- Credit Card
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- Nov 07, 2020
Before the CFPB, there was no single agency or entity within the federal government tasked with protecting Americans from predatory or negligent practices of banks, credit card companies, mortgage lenders, payday lenders, credit rating agencies and other financial service businesses.
- Future
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- Nov 07, 2020
We may very well be faced with the choice of retaining the AAA credit rating or abandoning some of our key infrastructure projects, which are about jobs for the future. I will choose jobs in that equation every time.
- Debt Limit
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- Nov 07, 2020
The U.S. has a law on the books called the debt limit, but the name is misleading. The debt limit started in 1917 for the purpose of facilitating more national debt, not reducing it. It still serves that purpose. It's unconnected to spending, hurts our credit rating and has been an abject failure at limiting debt.
- Disaster
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- Nov 07, 2020
On any measure, Spain's bank rescue has been a disaster. A hundred million euros have been added to the national debt, ten-year bonds are at a record high and the country's credit rating has been downgraded three notches.
- Fire
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- Nov 07, 2020