Similar Stories to S&p: Sanctuary Cities Won't See Ratings Dip With Trump Order on Bing News

CHICAGO (AP) — If sanctuary communities that refuse to cooperate with immigration authorities lose federal funds under President Donald Trump's executive order, their credit ratings aren't likely to change, a major rating agency concluded Thursday. Assessments by rating agencies are a strong fiscal measure for financial doubts municipalities may have, and S&P's findings appeared to weaken the Trump administration's warnings to sanctuary cities. The Republican president signed an executive order in January vowing to cut federal grants for sanctuary communities if they refuse to help with efforts to find and deport immigrants in the country without legal permission. Examples of grants at stake include those funding to help crime victims or pay for police body cameras.

BING NEWS:
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