Senate Probing S&P Downgrade of AAA Rating

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Senate Probing S&P Downgrade of AAA Rating

The Senate banking committee has begun probing last week's decision by Standard and Poor's to downgrade the U.S. credit rating, a committee aide told Reuters Monday.

The aide said the panel was gathering information about the S&P move but no decision had been made on whether it will hold hearings into the downgrade.

But, the aide added, "all options are on the table."
 
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