[ING: Concerns over Fed's independence may trigger 'sell-America' trades again] Odaily Planet Daily News – ING Bank FX strategist Francesco Pesole stated in a report that the U.S. dollar faces significant downside risks after Federal Reserve Chair Jerome Powell revealed that the Fed received a subpoena from the U.S. Department of Justice over cost overruns related to headquarters renovations. He pointed out that this move has reignited market concerns over the Fed's independence and could once again trigger 'sell-America' trades. Pesole said: 'Any further signs of attempts to interfere with the Fed's independence will pose considerable downside risks to the dollar.' (Jin10)