Scope Ratings said that the US midterm election results and President Donald Trump's recognition of the election results will help support America's credit rating. The Berlin-based rating agency said in an analysis report on Wednesday that the change of control of Congress after the Republican Party's fiasco and the White House's recognition of the election results are significant in this regard. Scope said, “The Democratic Party simultaneously controls the House of Representatives and the Senate, and Trump's quick acceptance of the Republican Party's defeat marks an important institutional turning point and confirms the resilience of America's long-term checks and balances system. These institutional guarantees will now rebalance the distribution of power between the White House and Congress to a certain extent, which is beneficial to credit conditions and supports US ratings.”

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