Who is Egan-Jones? Do they matter?
Yes. They were the first to strip the US of its AAA rating last year.
Also, they are one of a limited group of raters recognized by the Securities and Exchange Commission
“Who is Egan-Jones? Do they matter?”
#####
What matters is that they are absolutely correct, and everyone with ANY economic aptitude knows it.
In fact, I would say they are markedly UNDERstating the case for downgrading the USSA.