Nov 7 (Reuters) - Moody's:
* MOODY'S SAYS NEXT CONGRESS UNLIKELY TO CHANGE DIRECTION OF U.S. POLICY FOLLOWING MIDTERM ELECTIONS
* MOODY'S SAYS EXPECTS TRUMP'S ADMINISTRATION TO CONTINUE TO DRIVE FEDERAL POLICY IN AREAS OF TRADE, HEALTHCARE AND IMMIGRATION OVER NEXT 2 YEARS
* MOODY'S SAYS DONALD TRUMP'S ADMINISTRATION WILL LIKELY CONTINUE TO CLAMP DOWN ON ILLEGAL IMMIGRATION & TIGHTEN RULES FOR LEGAL IMMIGRATION
* MOODY'S SAYS UPDATED NORTH AMERICAN FREE TRADE AGREEMENT, RENAMED US-MEXICO-CANADA AGREEMENT, WILL LIKELY RECEIVE U.S. CONGRESSIONAL APPROVAL IN 2019
* MOODY'S SAYS CREDIT IMPLICATIONS OF HEALTHCARE POLICIES WILL BE MIXED FOR U.S. HEALTHCARE INDUSTRY & FOR STATE GOVTS
* MOODY'S SAYS INCREASED CONGRESSIONAL SCRUTINY OVER ADMINISTRATION CAN SLOW PACE AT WHICH EXECUTIVE BRANCH CAN IMPLEMENT ITS AGENDA
* MOODY'S SAYS TRUMP ADMINISTRATION WILL CONTINUE TO CHIP AWAY AT ACA'S INFRASTRUCTURE & GIVE STATES GREATER FLEXIBILITY IN MANAGING MEDICAID PROGRAMS