06/05/2026
"Credit ratings are not political endorsements, they are financial risk assessments," California State Controller Malia Cohen, "when outside interests attempt to dictate what risks can or cannot be considered, they threaten the integrity of the rating process and the confidence investors place in our markets."
https://www.bondbuyer.com/news/blue-states-clap-back-against-red-state-pressure-on-rating-agencies
The letter from officials in Democrat strongholds asked the rating agencies to maintain their focus on financial analytics in viewing energy-dependence, rather than being swayed by the political winds.