Powell DOJ Probe Put On Hold, Not Closed, Say Elizabeth Warren And Dick Durbin: 'Leaves The Door Wide Ope

Senators Elizabeth Warren and Dick Durbin stated that the Department of Justice probe into Jerome Powell has been paused but not terminated, keeping regulatory uncertainty around the Federal Reserve Chair. This development affects market perceptions of Powell’s autonomy and potential policy continuity, with implications for rate decisions and regulatory oversight. The pause in the investigation sustains elevated political risk, which may influence investor sentiment toward financial sector assets sensitive to Fed leadership stability. Markets are particularly focused on upcoming Fed commentary and any signals about Powell’s reappointment or succession. Traders will watch the next FOMC meeting minutes and congressional testimony for indications of how institutional pressures may shape monetary policy.

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.