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Powell Says Fed Served With DOJ Subpoenas; Iran Protests Enter Third Week | Bloomberg Brief 1/12/26

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January 12, 2026

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US equity futures and the dollar slide while gold and silver hit record highs amid deepening tensions between the Federal Reserve and the Trump administration. President Trump says he is mulling potential options regarding Iran in response to reports of deadly crackdowns as nationwide protests enter a third week. Thierry Wizman of Macquarie discusses the market risks amid uncertainties around the Fed's independence.

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Federal ReservePresident TrumpThierry WizmanFirst Look MoversEurope's Greenland ChallengeFront Page NewsThierry Wizman Macquarie DirectorGlobal Currencies

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