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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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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.

Chapters:
00:01:56 – First Look Movers
00:03:41 – Fed Served With DOJ Subpoenas
00:07:50 – Trumps Says US Mulling Iran Options
00:15:13 – Trending on the Terminal
00:16:29 – Europe’s Greenland Challenge
00:20:34 – Front Page News
00:28:45 – Thierry Wizman, Macquarie Director of Global Currencies & Interest Rate Strategist
00:35:17 – Trending on the Terminal
00:37:04 – Kasia Klimasinska on Iran Protests, Trump Says Cuba Needs to Make a Deal, US Hosts Rare Earths Meeting
00:41:29 – What to Watch
——–
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