Following in the footsteps of Standard & Poor’s, which downgraded U.S. credit to AA back in August, another one of the big three Wall Street rating firms has decided to play the ultimatum game, after Congress’ “supercommittee” failed to agree on a plan to implement spending cuts last week. Fitch Ratings gave the United States until […]
Daily Archives: November 28th, 2011
Posted inElections, Public Service
Barney Frank to retire from Congress
Barney Frank, the first openly gay member of Congress, announced today that he will not run for reelection in 2012, ending a career in the U.S. House that began in 1981. “I will not be a candidate for reelection to the House of Representatives in 2012,” Frank said in a news release announcing his decision to […]