U.S. Treasury Secretary Basant Expresses Doubts About Moody's Credit Rating Downgrade

According to a report by Deep Tide TechFlow, on May 18, U.S. Treasury Secretary Basant expressed skepticism when asked about Moody's downgrade of the U.S. credit rating, stating: "I don't have much faith in Moody's." Previously, Moody's downgraded the U.S. credit rating to Aa1 due to rising debt.