[{"data":1,"prerenderedAt":218},["ShallowReactive",2],{"story-21840-cn":3},{"id":4,"slug":5,"slugs":5,"currentSlug":5,"title":6,"subtitle":7,"coverImagesSmall":8,"coverImages":10,"content":44,"questions":45,"relatedArticles":58,"body_color":216,"card_color":217},"21840",null,"Fed Chair Powell Faces DOJ Probe | Market Volatility Signals","- Potential 0.5-1.2% Cross-Border Financial Market Impact",[9],"https://news.google.com/api/attachments/CC8iK0NnNVRia3RtZWxadFF6QlhUbU5ZVFJDUEF4akdCU2dLTWdZNU5JaHduUWs",[11,12,13,14,15,16,17,18,19,11,20,21,22,23,24,25,26,27,28,11,29,30,31,32,33,34,35,36,37,38,39,40,41,42,43],"https://s.yimg.com/ny/api/res/1.2/jRYRo_ikwAlp2KHyvKbRUw--/YXBwaWQ9aGlnaGxhbmRlcjt3PTEyMDA7aD04MDA-/https://s.yimg.com/os/creatr-uploaded-images/2026-01/1f8b6c00-ef48-11f0-97b6-58a7df830b62","https://www.newsnationnow.com/wp-content/uploads/sites/108/2025/12/693a054615bf90.04537670.jpeg?strip=1","https://www.aljazeera.com/wp-content/uploads/2026/01/AP25344727382720-1768179982_8b494f-1768186684.jpg?resize=1200%2C630&quality=80","https://i.cbc.ca/ais/0ff7e800-5830-4df7-9513-cf14c04e6aa6,1768186159633/full/max/0/default.jpg?im=Crop%2Crect%3D%280%2C65%2C3936%2C2214%29%3B","https://e3.365dm.com/26/01/768x432/skynews-jerome-powell-federal-reserve-chair_7133106.jpg","https://dims.apnews.com/dims4/default/4b621c1/2147483647/strip/true/crop/6075x4050+0+0/resize/599x399!/quality/90/?url=https%3A%2F%2Fassets.apnews.com%2Fbb%2F11%2Fbb7c3d705a60792953bb46cb0c6c%2F280c9259613d4d3b8ce15640792ecd8f","https://fortune.com/img-assets/wp-content/uploads/2026/01/GettyImages-2253321542-e1768182488548.jpg?format=webp&w=1440&q=100","https://assets.bwbx.io/images/users/iqjWHBFdfxIU/iGlpfNd_5Juo/v3/620x-1.jpg","https://static.independent.co.uk/2025/07/21/17/15/COMBO-US-POLITICS-ECONOMY-TRUMP-POWELL-8ar73w2i.jpeg","https://thehill.com/wp-content/uploads/sites/2/2025/07/Donald-Trump-Jerome-Powell-07.31.png?strip=1","https://images.ft.com/v3/image/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2Fd594ed30-8bdb-48d7-999e-c9f6930be641.jpg?source=next-article&fit=scale-down&quality=highest&width=700&dpr=1","https://images.wsj.net/im-09672006?width=700&height=466","https://s.abcnews.com/images/US/wirestory_9eb79e89fec160c7c64dfcef6871e693_16x9_1600.jpg","https://images.barrons.com/im-82045941?width=700&height=466","https://assets.bwbx.io/images/users/iqjWHBFdfxIU/iydWHOWwn_KQ/v1/-1x-1.webp","https://images.barrons.com/im-75993994/?width=700&height=467","https://media.cnn.com/api/v1/images/stellar/prod/116315-fedinvestigationpowell-digvid-1.jpg?c=16x9&q=w_1280,c_fill","https://images.barrons.com/im-97610087?width=700&height=466","https://www.reuters.com/resizer/v2/AOFWJMGQBJLOBLSQ73ZCB4GDU4.jpg?auth=d1453254b042e0b1150660d0dc1e8486d15d730a030dc421ba2311d4aeeeb69e&width=1080&quality=80","https://images.wsj.net/im-12584392?width=700&height=468","https://assets.bwbx.io/images/users/iqjWHBFdfxIU/iWmbIzCAE2cg/v3/640x360.jpg","https://fortune.com/img-assets/wp-content/uploads/2026/01/Screenshot-2026-01-12-at-111127.png?format=webp&w=1440&q=100","https://static01.nyt.com/images/2026/01/11/multimedia/11dc-powell-bclz/11dc-powell-bclz-jumbo.jpg?auto=webp&quality=75","https://bostonglobe-prod.cdn.arcpublishing.com/resizer/v2/XW6ECBRRB5JBXBU54SRBLFB25Q.jpg?auth=af95b59511dba9c6edadecc162be06cedc29c5a34ecd204b59818ac7913a3a9e&width=1440","https://assets1.cbsnewsstatic.com/hub/i/r/2026/01/12/669bef01-0349-43d3-82c7-c0b5e648943d/thumbnail/1280x720/c0cf55aa055b59a996ae71d96ed0deb4/ebc5b4ea336ce45058ab612c9dc2e3e6.png","https://nypost.com/wp-content/uploads/sites/2/2026/01/Jerome.jpg?quality=75&strip=all&w=1200","https://assets.bwbx.io/images/users/iqjWHBFdfxIU/i_P4T_j_HJwE/v0/1920x1080.png","https://imageio.forbes.com/specials-images/imageserve/696477d21ce390705e3f872e/U-S--WASHINGTON--D-C--ECONOMY-FEDERAL-RESERVE-INTEREST-RATE-CUT-POWELL/0x0.jpg?crop=2211,1243,x0,y158,safe&height=399&width=711&fit=bounds","https://images.foxtv.com/static-media.fox.com/fmcv3/prod/fts/p5hj2nb6tkb219pm/1200/630/d5yyswf27sg9tkc1.jpg?ve=1&tl=1","https://dam.mediacorp.sg/image/upload/s--OpinNsGj--/c_crop,h_3373,w_5998,x_0,y_1/c_fill,g_auto,h_676,w_1200/fl_relative,g_south_east,l_mediacorp:cna:watermark:2024-04:reuters_1,w_0.1/f_auto,q_auto/v1/mediacorp/cna/image/2026/01/12/eccles_building.jpg?itok=T9SyeUnp","https://i.guim.co.uk/img/media/efb698f50bf7c945fb0789026eb070045d1f6e05/564_0_2685_2148/master/2685.jpg?width=465&dpr=1&s=none&crop=none","https://www.tbstat.com/cdn-cgi/image/f=avif,q=50/wp/uploads/2024/05/20240509_Bitcoin_News_5-1200x675.jpg","https://i.insider.com/696457f964858d02d21824ea?width=700","The escalating conflict between Federal Reserve Chair Jerome Powell and former President Trump represents a critical inflection point for cross-border financial markets, with significant implications for international e-commerce sellers and financial strategists.\n\n**The investigation's core dynamics reveal profound market uncertainty**, triggered by a Department of Justice probe into Powell's congressional testimony regarding a $2.5 billion Fed building renovation. The immediate market reaction—with Dow Jones futures dropping 200 points and S&P 500 futures declining 0.5 percent—signals potential volatility that cross-border sellers must strategically navigate.\n\nFor international e-commerce entrepreneurs, this institutional tension translates into critical financial risk management considerations. **Currency exchange rates and international payment corridors will likely experience heightened unpredictability** as the Federal Reserve's leadership faces potential restructuring. Sellers operating across US and international markets should anticipate:\n\n1. Potential interest rate fluctuations impacting financing costs\n2. Increased foreign exchange volatility\n3. Potential shifts in monetary policy approach\n4. Short-term market sentiment disruptions\n\nThe investigation's political undertones—with Trump criticizing Powell and Democratic senators defending Fed independence—create a complex regulatory landscape. Cross-border sellers must remain agile, maintaining diversified currency holdings and exploring hedging strategies to mitigate potential financial turbulence.\n\nStrategic sellers will view this moment as an opportunity to refine risk management protocols, potentially leveraging multi-currency payment platforms and exploring alternative financing mechanisms that provide greater stability during institutional transitions.",[46,49,52,55],{"title":47,"answer":48,"author":5,"avatar":5,"time":5},"How might the Powell-Trump investigation impact cross-border sellers?","The investigation could trigger currency exchange volatility, potentially increasing transaction costs and creating short-term market uncertainty. Sellers should diversify currency holdings and explore multi-currency payment platforms to mitigate risks.",{"title":50,"answer":51,"author":5,"avatar":5,"time":5},"What are the potential long-term implications for global e-commerce?","Long-term implications include potential restructuring of Federal Reserve leadership, which could reshape monetary policy approaches. Sellers should remain adaptable and develop robust, geographically diversified financial strategies.",{"title":53,"answer":54,"author":5,"avatar":5,"time":5},"What financial strategies should international e-commerce sellers adopt during this period?","Recommended strategies include maintaining flexible currency reserves, using hedging instruments, working with multiple payment providers, and closely monitoring Federal Reserve policy signals to anticipate potential monetary shifts.",{"title":56,"answer":57,"author":5,"avatar":5,"time":5},"Could this investigation affect international trade financing?","Yes, the probe may influence interest rates and lending conditions. Sellers should prepare for potential changes in trade credit availability and explore alternative financing options like invoice factoring or multi-currency credit lines.",[59,64,69,73,77,81,85,89,93,97,101,105,109,113,117,121,125,129,133,137,141,145,149,153,157,161,165,169,173,177,181,185,189,193,197,201,205,209,213],{"id":60,"title":61,"source":62,"logo":35,"time":63},219108,"Federal Reserve Chair Jerome Powell says he's under investigation by Justice Department","https://www.cbsnews.com/philadelphia/video/federal-reserve-chair-jerome-powell-says-hes-under-investigation-by-justice-department/","1天前",{"id":65,"title":66,"source":67,"logo":24,"time":68},218379,"The Fed Receives Grand Jury Subpeona. Powell Says It’s Political.","https://www.barrons.com/articles/fed-powell-grand-jury-subpeona-trump-d05a8297?gaa_at=eafs&gaa_n=AWEtsqdacmO84DJwp8CYPAmXL385gAXETIPpp36YPBJbelXIfFPPce6HiGSx&gaa_ts=6964b117&gaa_sig=1EvRMIl__KRJBXelT-SMp8OgM7CXafEkZJREwTuDfW_s6fChdW4qLloVPfrQmE7e7ivJdBbCxok6YjG_pueTeA%3D%3D","2天前",{"id":70,"title":71,"source":72,"logo":34,"time":68},218378,"Federal Reserve Chair Powell says DOJ has subpoenaed central bank, threatens criminal indictment","https://www.bostonglobe.com/2026/01/11/business/federal-reserve-chair-powell/",{"id":74,"title":75,"source":76,"logo":17,"time":68},218411,"Key GOP senator says he won't confirm anyone for the Fed until DOJ probe on Powell is resolved","https://fortune.com/2026/01/11/doj-probe-jerome-powell-backlash-congress-fed-nominee-confirmation-tillis-warren/",{"id":78,"title":79,"source":80,"logo":14,"time":68},218410,"U.S. federal reserve chair says justice department has threatened him with criminal indictment","https://www.cbc.ca/news/world/jerome-powell-federal-reserve-indictment-threat-9.7041699",{"id":82,"title":83,"source":84,"logo":42,"time":68},219125,"Bitcoin, privacy coins rally as Trump-Powell conflict escalates","https://www.theblock.co/post/385042/bitcoin-rally-powell-warning",{"id":86,"title":87,"source":88,"logo":41,"time":68},219124,"Criminal investigation into Fed chair Powell has ‘reinforced’ concerns over independence, Goldman Sachs warns – business live","https://www.theguardian.com/business/live/2026/jan/12/us-prosecutors-criminal-investigation-federal-reserve-chair-jerome-powell-dollar-stock-market-gold-bitcoin-business-live-news-updates",{"id":90,"title":91,"source":92,"logo":43,"time":63},219123,"Here's what smart people in economics and business are saying about the DOJ's Fed probe","https://www.businessinsider.com/economists-finance-business-leaders-react-trump-doj-investigation-fed-powell-2026-1",{"id":94,"title":95,"source":96,"logo":20,"time":63},219145,"Trump-Powell clash intensifies with DOJ probe","https://thehill.com/newsletters/morning-report/5684238-trump-powell-clash-doj-probe/",{"id":98,"title":99,"source":100,"logo":22,"time":63},219089,"For Years, Powell Avoided Fighting Trump. That’s Over.","https://www.wsj.com/economy/central-banking/for-years-powell-avoided-fighting-trump-thats-over-27451d32?gaa_at=eafs&gaa_n=AWEtsqefZyqrDjLhy8fWe0LliBpZ3qq8bJqymytWNduK1eSr9ywlijISmwMa&gaa_ts=6964e706&gaa_sig=ojiaCDEw-BWx7L4z8A1e1PXmvGiRsk3iK1qkBKWItMShoSdtqHt_Vna7o7Kil0koVepZS2GrY_8NjvBc_A1-DQ%3D%3D",{"id":102,"title":103,"source":104,"logo":16,"time":63},219121,"US futures slip while world shares are mixed as Fed chair Powell faces legal threat","https://apnews.com/article/stocks-markets-powell-trump-rates-9eb79e89fec160c7c64dfcef6871e693",{"id":106,"title":107,"source":108,"logo":5,"time":63},219120,"Goldman's Top Economist Says Fed Probe Threat Adds to Independence Worries","https://www.usnews.com/news/top-news/articles/2026-01-12/goldman-sachs-chief-economist-says-fed-decisions-will-not-be-swayed-by-powell-criminal-probe-threat",{"id":110,"title":111,"source":112,"logo":28,"time":63},219081,"With Fed in the Crosshairs, Trump the ‘Everywhere’ President Tests the ‘Everything’ Rally.","https://www.barrons.com/articles/federal-reserve-powell-trump-subpoena-dollar-gold-07f05798?gaa_at=eafs&gaa_n=AWEtsqec0HMaZI2jiLBL59os-P0L2S3b6NnE3hSvgu9a7O8T0zFMhfPLBxZ_&gaa_ts=6964e706&gaa_sig=d3CJu0BTucPTv4baiocyjaKh3SkkNmHJ78V5GFmEnUIE_heutnp1TJOHpzJTp_E-_L0tXQIe67jf1CyGdJsWLg%3D%3D",{"id":114,"title":115,"source":116,"logo":5,"time":68},218409,"Powell says Federal Reserve hit with DOJ subpoenas, indictment threat","https://www.usatoday.com/story/news/politics/2026/01/11/jerome-powell-federal-reserve-justice-department-investigation/88135888007/",{"id":118,"title":119,"source":120,"logo":38,"time":68},217835,"DOJ Opens Criminal Investigation Into Fed Chair—Powell Calls It ‘Unprecedented Action’","https://www.forbes.com/sites/siladityaray/2026/01/11/doj-opens-criminal-investigation-into-fed-chair-powell-he-vows-to-stand-firm-in-face-of-threats/",{"id":122,"title":123,"source":124,"logo":19,"time":68},218408,"Republican senator says ‘credibility’ of DOJ is in question amid Jerome Powell probe","https://www.the-independent.com/news/world/americas/us-politics/trump-jerome-powell-federal-reserve-investigation-b2898507.html",{"id":126,"title":127,"source":128,"logo":25,"time":68},218407,"Bill Pulte Seen as Key Instigator Behind Powell Subpoena","https://www.bloomberg.com/news/articles/2026-01-12/bill-pulte-seen-as-key-instigator-behind-powell-subpoena",{"id":130,"title":131,"source":132,"logo":13,"time":68},218406,"US Fed Chair Powell says he’s under investigation, will not bow to Trump","https://www.aljazeera.com/economy/2026/1/12/trump-administration-opens-criminal-probe-into-fed-chair-jerome-powell",{"id":134,"title":135,"source":136,"logo":39,"time":68},218405,"Fed Chair Powell facing DOJ investigation over renovations at D.C. headquarters","https://www.fox10phoenix.com/video/fmc-jhnc48g8nnzt904l",{"id":138,"title":139,"source":140,"logo":5,"time":68},218404,"Jerome Powell says Donald Trump has launched a criminal investigation against the Fed","https://www.economist.com/finance-and-economics/2026/01/12/jerome-powell-says-donald-trump-has-launched-a-criminal-investigation-against-the-fed",{"id":142,"title":143,"source":144,"logo":40,"time":68},218403,"Five things to know about the Fed building renovations at the centre of Trump's fight with Powell","https://www.channelnewsasia.com/world/fed-buildings-renovation-trump-threaten-criminal-charges-powell-us-5852321",{"id":146,"title":147,"source":148,"logo":12,"time":68},218347,"Fed Chair Powell says White House is threatening criminal indictment","https://www.newsnationnow.com/politics/powell-trump-indictment-threat/",{"id":150,"title":151,"source":152,"logo":31,"time":63},219117,"Watch Understanding The Threat Of Fed Criminal Charges","https://www.bloomberg.com/news/videos/2026-01-12/understanding-the-threat-of-fed-criminal-charges-video",{"id":154,"title":155,"source":156,"logo":27,"time":68},218346,"Federal prosecutors open investigation into Federal Reserve","https://www.cnn.com/2026/01/12/business/video/federal-reserve-criminal-investigation-jerome-powell-renovation-of-headquarters-dc-elisabeth-buchwald-digvid",{"id":158,"title":159,"source":160,"logo":30,"time":68},218368,"Trump’s Investigation of Powell Is Also a Warning to the Next Fed Chair","https://www.wsj.com/economy/central-banking/trumps-investigation-of-powell-is-also-a-warning-to-the-next-fed-chair-b1739ede?gaa_at=eafs&gaa_n=AWEtsqcGROgO3GaQooKKLTL-aW__leWWZd5iMlKUPrpaOU_8hHqvDu3lf3wv&gaa_ts=6964b117&gaa_sig=1OlZyOrB8-Ns7SIHYSkw46GV9zC1TpYpgy-tJWnboarBiR_NsUUCesJNOfxUDkdv0pFXWnJwYhe5uTBgqII6rQ%3D%3D",{"id":162,"title":163,"source":164,"logo":37,"time":63},219116,"Bloomberg Daybreak: Fed Served With DOJ Subpoenas","https://www.bloomberg.com/news/audio/2026-01-12/bloomberg-daybreak-fed-served-with-doj-subpoenas-podcast?srnd=phx-new-audio",{"id":166,"title":167,"source":168,"logo":21,"time":68},218345,"Criminalising the Fed","https://www.ft.com/content/21b5418c-0c55-4a10-94ac-cb4faeafea32",{"id":170,"title":171,"source":172,"logo":29,"time":68},218400,"Morning Bid: Powell's punch back jolts markets","https://www.reuters.com/world/china/global-markets-view-europe-2026-01-12/",{"id":174,"title":175,"source":176,"logo":5,"time":63},219115,"The US in brief: The Feds come for the Fed","https://www.economist.com/in-brief/2026/01/12/the-us-in-brief-the-feds-come-for-the-fed",{"id":178,"title":179,"source":180,"logo":15,"time":68},218344,"Trump administration threatens criminal charges against Fed chair","https://news.sky.com/story/trump-administration-threatens-criminal-charges-against-fed-chair-13493263",{"id":182,"title":183,"source":184,"logo":33,"time":68},218366,"Video: Fed Chair Responds to Inquiry on Building Renovations","https://www.nytimes.com/video/us/politics/100000010638605/powell-investigation-trump.html",{"id":186,"title":187,"source":188,"logo":18,"time":63},219114,"The Sell America Trade Is Back as US Targets Fed Chair","https://www.bloomberg.com/news/newsletters/2026-01-12/the-sell-america-trade-is-back-as-us-targets-fed-chair",{"id":190,"title":191,"source":192,"logo":23,"time":68},218343,"US futures slip while Asian shares surge as Fed chair Powell faces legal threat","https://abcnews.go.com/Business/wireStory/us-futures-slip-asian-shares-surge-fed-chair-129120496",{"id":194,"title":195,"source":196,"logo":32,"time":63},219113,"‘Sell America’: Investors dump U.S. assets in fear of the end of Fed independence","https://fortune.com/2026/01/12/sell-america-stocks-fed-independence/",{"id":198,"title":199,"source":200,"logo":26,"time":63},219079,"Markets Rocked by Fed Fears. Trump-Powell Battle Could Be Decided by This Person.","https://www.barrons.com/articles/stock-market-fed-trump-powell-things-to-know-today-fc47d037?gaa_at=eafs&gaa_n=AWEtsqfelTDC3FGkVqb0dE9W9ahQqL7qobuMjdax48t1ymu3aFnlzPSExWJ2&gaa_ts=6964e706&gaa_sig=11VSRY5Fr9Bg4It7DA96YwvScis3GUq3Kqqlqxy8t2vTOhRI08GcqIQAX-HVZiGW8xoCMaTA-E0-3U3Xqxh9mA%3D%3D",{"id":202,"title":203,"source":204,"logo":11,"time":63},219112,"Stock market today: Dow, S&P 500, Nasdaq futures slide on threat to Fed as Trump's DOJ eyes criminal probe","https://finance.yahoo.com/news/live/stock-market-today-dow-sp-500-nasdaq-futures-slide-on-threat-to-fed-as-trumps-doj-eyes-criminal-probe-001621762.html",{"id":206,"title":207,"source":208,"logo":36,"time":63},219111,"Trump says 'I don't know anything' about Jerome Powell investigation, but 'he's certainly not very good at the Fed'","https://nypost.com/2026/01/12/us-news/trump-says-i-dont-know-anything-about-jerome-powell-investigation-but-hes-certainly-not-very-good-at-the-fed/",{"id":210,"title":211,"source":212,"logo":11,"time":68},219094,"Stock market today: Dow, S&P 500, Nasdaq futures slide as Trump's DOJ probes Powell in threat to Fed","https://ca.finance.yahoo.com/news/stock-market-today-dow-sp-500-nasdaq-futures-slide-as-trumps-doj-probes-powell-in-threat-to-fed-001621049.html",{"id":214,"title":211,"source":215,"logo":11,"time":63},219092,"https://finance.yahoo.com/news/live/stock-market-today-dow-sp-500-nasdaq-futures-slide-as-trumps-doj-probes-powell-in-threat-to-fed-001621049.html","#d2fee4ff","#d2fee44d",1768397477771]