Lates News

Due to changes in federal policy, Moody's credit rating for the state of Maryland has been downgraded one level from AAA to AA1. Moody's analysts stated in a statement that Maryland's financial performance lags behind other high-rated states, as the state is vulnerable to federal policy and employment changes, and this trend is expected to continue. "The federal government's decisions have caused serious damage to the entire region," said Maryland Governor Wes Moore in a joint statement with state leadership. "This is Trump's downgrade." Maryland officials stated in the statement that, "In the face of resistance from the federal government, we have taken proactive measures to protect our people and strengthen our state. We will continue to confront the crisis in Washington with Maryland's courage."