Fox News personalities have expressed outrage that Congress is reportedly considering investigating Standard & Poor's (S&P) controversial decision to downgrade its U.S. credit rating. But S&P has significant credibility issues, and executives at rating agencies - including S&P - have routinely testified before Congress, including about their role in the Enron scandal and the financial crisis.

As Congress Prepares To Investigate S&P's "Downgrade" Of The U.S. Credit Rating ...

AP: Senate Moving To Investigate S&P's Downgrade Decision.

On August 8, the Associated Press reported that the Senate Banking Committee "is gathering information on Standard & Poor's decision to issue the first-ever downgrade of the government's credit rating." [Associated Press, 8/8/11] ...

Fox News Shouts Intimidation And "Witch Hunt" ...

Fox's Cavuto On Possible Investigation Of S&P: "You Can't Threaten Everyone."

From host Neil Cavuto's discussion of a possible Senate investigation of S&P with Larry Sabato on Your World: Read on...