White House: Jerome Powell investigation still continues

The White House has confirmed that the ongoing investigation into Federal Reserve Chair Jerome Powell remains active, though no timeline for completion was provided. This development introduces uncertainty around Powell’s leadership tenure, potentially affecting the perceived independence of the Federal Reserve and triggering a reassessment of forward policy credibility in the markets. The USD faces downward pressure due to concerns over political interference in monetary policy, while trading in Powell-related derivatives, though limited, reflects elevated tail-risk pricing. Investors are likely to interpret any further public statements on the investigation as a signal of escalating political pressure on the Fed, which could weaken confidence in U.S. institutional stability. Traders will watch the next FOMC meeting minutes and any congressional commentary on the probe as key near-term catalysts.

The US Dollar (USD) is the world's primary reserve currency and the base for most forex majors. Headlines about Federal Reserve policy, US macro data (CPI, NFP, GDP), and Treasury yield shifts typically drive USD pair direction within seconds of release.

HIGH-impact news is typically a market-moving event with multi-pip or multi-percent intraday reactions. Examples include central bank rate decisions, major CPI/NFP releases, geopolitical shocks, mega-cap earnings beats/misses, and regulatory announcements. Traders typically position-reduce or hedge ahead of scheduled HIGH-impact events, and follow the wire in real time to react to unscheduled ones (war headlines, central-bank emergency statements, surprise corporate actions). The Trading News Terminal squawk box reads every HIGH-impact headline aloud the moment it hits the wire — so active traders don't have to stare at the feed.

Active traders typically follow a three-step workflow when a market-moving headline hits the wire: (1) read the headline on the terminal or hear it on the squawk box; (2) assess whether the news is already priced in (by checking intraday price action in the seconds before) or whether it's genuinely new information; (3) act — either entering a breakout position, fading an overreaction, or tightening stops on existing trades. Trading News Terminal's Pro plan delivers wire-grade headlines within seconds of the source, with automatic audio squawk on every HIGH-impact event, so the read-assess-act cycle never waits on a refresh button.