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Fortune

Eleanor Pringle

BofA CEO says U.S. economy is the envy of the world—but could lose its power due to national debt

Brian Moynihan Economy National Debt America Bank of America Brett House Donald Trump United States

Brian Moynihan, chief executive officer of Bank of America (Credit: Cyril Marcilhacy—Bloomberg/Getty Images)

Brian Moynihan’s warnings over the national debt may be falling on deaf ears, but that isn’t going to stop the Bank of America CEO from sounding the alarm.

Uncle Sam’s national debt has tipped over the $35.7 trillion mark, meaning the burden for each person in America is now more than $105,000.

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