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The "sell America" trade may be more about hedging America, one analyst said.
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The Trump administration's criminal investigation of Federal Reserve Chair Jerome Powell appeared on Monday to be emboldening defenders of the U.S. central bank against the efforts of President Trump to control the Fed.
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CNBC Daily Open: Iran has more avenues of retaliating against the U.S. — including oil supply CNBCOil prices settle at 7-week high on worries about Iran exports ReutersOil prices rise as Iran crackdown suggests Tehran fears a 'dire security threat to the regime' FortuneOil Rises for a Third Day as Focus Shifts to Iranian Protests Bloo
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The Justice Department served the Federal Reserve with grand jury subpoenas on Friday, Fed Chair Jerome Powell said Sunday, threatening an "unprecedented" criminal indictment against him over cost overruns for the renovation of the Fed's headquarters building.
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