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Congress Should Open the Door to Not-for-Profit Credit Rating Agencies

Bernie Sanders offered a big financial reform idea during the 2016 campaign: convert credit rating agencies into not-for-profit entities. Like former Senator Al Franken, Sanders recognized that the rating agency...

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Making Credit Ratings Data Publicly Available

Since the early 1970s, credit rating agencies have generally employed an “issuer pays” model under which they charge debt issuers for the cost of their services. As discussed in a...

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