The federal debt crisis, decades in the making, has finally arrived. Trump isn't ready.

(Bloomberg) -- Even before talk of fresh unfunded tax cuts took center stage in the budget wrangling on Capitol Hill, US bond investors were making their views loud and clear: If…

The federal debt crisis, decades in the making, has finally arrived. Trump isn't ready.

It also downgraded the long-term deposit ratings of BofA, JPMorgan and Wells Fargo to Aa2 from Aa1 and cut the long-term counterparty risk ratings of certain rated subsidiaries…