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Debt Downgrade Seen With Little Negative Impact on CUs

Regulators issue joint statement downplaying effect; CU Prosper CEO agrees.

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Federal regulators acted swiftly to limit the impact of Standard & Poor’s rating downgrade on U.S. debt, announcing in a joint statement that the move will not impact the treatment of U.S. securities in risk based capital calculations.

The ratings firm downgraded the score for U.S. debt instruments from AAA to AA+.

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