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The "sell America" trade may be more about hedging America, one analyst said.
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The Trump administration's criminal investigation of Federal Reserve Chair Jerome Powell appeared on Monday to be emboldening defenders of the U.S. central bank against the efforts of President Trump to control the Fed.
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Some lawmakers claim the U.S. could become "uninvestable" if the Federal Reserve loses its independence.
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Precious metal prices surge as conflict intensifies
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Dow falls more than 100 points as DOJ Powell probe raises fear Trump trying to take control of the Fed: Live updates CNBCStatement from Federal Reserve Chair Jerome H. Powell Federal Reserve Board (.gov)Fed Changes Tack as Trump Administration Invokes ‘Nuclear Option' The New York TimesRepublican Sen. Thom Tillis vows to block Trump's Fed nom
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A Republican senator with leverage says he won't support a nominee for Fed chair until the Justice Department's probe of Jerome Powell is resolved.
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The Justice Department served the Federal Reserve with grand jury subpoenas on Friday, Fed Chair Jerome Powell said Sunday, threatening an "unprecedented" criminal indictment against him over cost overruns for the renovation of the Fed's headquarters building.
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