A disputed election could cost the U.S. its ‘AAA’ credit rating

October 14, 2020


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According to credit rating agency Fitch Ratings, it appears likely that the winner of the Nov. 3 election will “take longer to determine than usual,” as the coronavirus pandemic has resulted in a “sharp rise in mail-in voting this year” and will likely cause “logistical challenges at physical polling places.”

That means Americans could very well be deprived of the ritual of finding out the identity of their next President on election night or of waking up the next day to the results. Depending on how the contest plays out on a state-by-state basis, uncertainty around the winner of the election could conceivably last for “weeks” after the election, Fitch analysts said in a note on Monday.