US government shutdown possible later this year but no impact on rating
NEW YORK (Reuters) -Rating agency Fitch, which downgraded the U.S. top credit rating in August, cautioned about a possible government shutdown after U.S. House Speaker Kevin McCarthy was ousted, but said it would not affect the U.S. sovereign rating because that already captured the country's governance issues. A handful of Republicans in the U.S. House of Representatives on Tuesday ousted Republican Speaker Kevin McCarthy - the latest factor to prompt worry on Wall Street about U.S. political governance after a near-miss with a partial federal government shutdown this weekend and a debt...
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