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Sarah Carlson
Senior Vice President  
Yves Lemay
Managing Director
Alastair Wilson
Global Managing Director  

Financial Institutions
Ana Arsov
Associate Managing Director  
Sean Jones
Associate Managing Director  
U.S. Public Finance
Gail Sussman
Managing Director
Timothy Blake
Managing Director  

Structured Finance
Navneet Agarwal
Managing Director
Jonathan Polansky
Managing Director 
Corporate Finance

Tom Marshella
Managing Director
Paloma San Valentin

Managing Director - CCO  

U.S. Infrastructure
Michael Mulvaney
Managing Director
Suzanne Wingo

VP-Sr Credit Officer  

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United States in Focus


  • 19 Feb 2018
    • US infrastructure plan’s success depends on state, local government and private participation
      The Trump administration’s $1.5 trillion infrastructure plan relies heavily on state and local governments and private investors. It is marginally credit positive for the US sovereign, least favorable for smaller municipalities and supportive of public-private partnerships. Full Report​​
  • 5 Feb 2018
    • Standoff over US budget, debt ceiling poses credit risk for sovereign, other issuers
      It is very unlikely that the standoff will lead to the US government missing a debt payment. If it did, we would classify it as an event of default. That would be credit negative for other debt issuers, depending on their exposure to the US sovereign and offsetting credit strengths. Full Report​​
  • 21 Jan 2018
    • Temporary US budget deal leaves entities reliant on federal payments exposed to another shutdown
      A stopgap spending bill ended the United States government shutdown, but the country could be on the brink of a new shutdown in weeks. We assess the effect of a shutdown on debt issuers that receive payments from the federal government. Full Report

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  • Moody’s Credit Assessment™ is provided by Moody’s Credit Assessment, Inc. Moody’s Credit Assessment™ is not a Moody’s Investors Service credit rating and is solely based on publicly available information.