U.S. lawmakers plan to introduce a measure that would force credit-rating firms to affirm the...

|By:, SA News Editor

U.S. lawmakers plan to introduce a measure that would force credit-rating firms to affirm the accuracy of their views every quarter, arguing that more frequent ratings would help sound the alarm sooner on potential problems. A House hearing tomorrow will include appearances by executives from S&P (MHP) and Moody's (MCO).