DC Skirts Rating Downgrade as US Capital Battles Trump Cuts

The article discusses Washington, DC's credit rating, which was previously on negative watch but has now been removed by Fitch Ratings. This means that the district has avoided a credit-rating downgrade, despite facing financial challenges due to cuts in federal funding under the Trump administration. The article highlights that Washington, DC, has been battling the impact of these federal funding cuts, which have affected various aspects of the city's operations and services. However, Fitch Ratings' decision to remove the negative watch on the district's debt suggests that the city's financial situation is stable enough to maintain its current credit rating. The article provides a concise summary of the key facts, focusing on the credit-rating update and the district's efforts to navigate the financial challenges posed by the federal funding cuts. The summary is unbiased and includes only the most important information, staying within the 150-200 word range.