Annapolis, MD - May 24, 2025 - A Baltimore area financial services professional warns that the governor’s job growth announcements following the state’s credit rating downgrade may be more political than focused on addressing the state’s looming $1.9 billion budget deficit, which is expected to balloon after the midterm elections.

Tyrone Keys, a real estate and financial management advisory group owner, told Spotlight on Maryland on Saturday that he fears Gov. Wes Moore's championing of new job creation and company relocation will do little to grow the state’s lagging economy.

It’s historic that our credit rating has been lessened by Moody’s, and I suppose he is also trying to prevent the other credit rating agencies from following suit,” Keys said.

Referencing newly published state data and Moody’s Ratings downgrading Maryland’s creditworthiness from a coveted AAA bond rating to Aa1, Keys said that he believes the governor needs to act more aggressively.... Read More: FOX45