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AG Hilgers Leads Coalition Letter to Fitch, Moody's, S&P on ESG Policies

Attorney General Mike Hilgers co-led a coalition of 23 state attorneys general in sending a letter to Fitch Ratings, Moody's, and S&P Global Ratings questioning the lawfulness of their ESG credit policies. The letter raises concerns that the agencies artificially increase demand for their ESG consulting services while downgrading fossil-fuel companies based on speculative ESG goals, which the states argue constitutes an undisclosed material conflict of interest and may violate antitrust and state consumer-protection laws.

S&P Upgrades Italy's Credit Rating, Giorgetti Hails Results

S&P Global Ratings upgraded Italy's sovereign credit rating, citing improved economic outlook and fiscal performance. Economy Minister Giancarlo Giorgetti welcomed the upgrade as recognition of Italy's fiscal discipline and structural reforms, highlighting the results of responsible economic management.

S&P Upgrades Mississippi Credit Outlook to Stable

S&P Global Credit Ratings has upgraded Mississippi's credit outlook from 'negative' to 'stable.' This positive credit development indicates improved fiscal conditions and may result in lower borrowing costs for the state. The upgrade follows record investment earnings and responsible fiscal management under Governor Reeves and Treasurer McRae.