DOJ probe into Fed chair Powell is ‘Maduro’ warning from Trump, analyst says

Key Points

U.S. stock futures fell on Monday after the Federal Reserve revealed the DoJ had opened an investigation into its chair, Jerome Powell.
The probe raises questions over the central bank’s independence from Donald Trump’s White House and concerns over the credibility of Powell’s successor.
One analyst told CNBC that the probe was Trump threatening Powell with “the Maduro option,” a reference to the Venezuelan president seized by the U.S. military last weekend.

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