Former Fed chiefs attack DoJ probe into Jay Powell

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Why This Matters

Former Fed chiefs have criticized the DoJ probe into Jay Powell, accusing the Trump administration of overstepping its authority, likening it to the behavior of an emerging market. This move has sparked concerns about the independence of the Federal Reserve. The probe's impact on market sentiment remains uncertain.

Market Impact

Market impact analysis based on bearish sentiment with 70% confidence.

Sentiment
Bearish
AI Confidence
70%
Time Horizon
Short Term

Article Context

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Statement accuses Trump administration of behaving like an emerging market

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Full article on Financial Times
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Original article published by Financial Times on January 12, 2026.
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