US opens criminal investigation into Fed chair

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  Good morning from the Financial Times.

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  Today is Monday, January 12th, and this is your FT News Briefing.

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  U.S.

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  prosecutors have opened a criminal investigation into the chair of the Federal Reserve,

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  and as protests in Iran intensify, the government there warns America against military action.

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  Plus, geopolitics has been dominating the news cycle, but U.S.

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  banks are poised to kick off earning season this week.

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  This is the start of what people are calling a potential investment banking supercycle for the next year or two.

• 01:10

  I'm Victoria Craig, and here's the news you need to start your day.

• 01:22

  The Fed said late Sunday that U.S.

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