The Senate Banking committee has begun looking into last week’s decision by Standard and Poor’s to downgrade the U.S. credit rating, a committee aide told Reuters. The aide said the panel was gathering information about the S&P move but no decision had been made on whether it will hold hearings into the downgrade.
Senate panel reviewing S&P downgrade
Most Popular Articles
Latest Articles
Rocket delivers $291M profit amid improved margins and MSR acquisitions
The Detroit-based lender reported a GAAP net income of $291 million from January to March, its highest profit level in two years.