Recently, a debate has arisen in the American financial sector regarding the future of the Chairman of the Federal Reserve (Fed). Reports indicate that the Treasury Secretary advised Trump not to dismiss Chairman Powell before the end of his term to avoid triggering turmoil in the financial markets. However, this claim was quickly denied by Trump himself.



Trump strongly refuted the report on social media, stating that no one is qualified to instruct him on how to act. He insists that he knows best what is beneficial for the market and the United States, claiming that if it weren't for him, the market would have collapsed long ago instead of reaching new highs.

This controversy highlights the delicate balance between political power and the independence of financial markets. The Fed's decisions, especially regarding interest rate policy, have far-reaching effects on the entire economic system. Trump has repeatedly expressed his dissatisfaction with Powell, believing that the Fed should be more aggressive in lowering interest rates to stimulate the economy.

However, the independence of the Fed has always been regarded as a key factor in maintaining financial stability. A sudden change in the Fed chairman could trigger market panic and potentially embroil the Fed in unprecedented legal and political controversies.

Additionally, there are viewpoints suggesting that given the Fed may lower interest rates this year, changing the chairperson at this time may not be a wise move. This debate also reflects the trade-off policymakers face between short-term political demands and long-term economic stability.

Regardless, this controversy has once again raised concerns about political interference in central bank decisions, as well as discussions on how to meet political demands while maintaining stability in financial markets. Market participants and economists will continue to closely monitor the developments of this situation to assess its potential impact on future economic policies and market trends.
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WalletDetectivevip
· 07-24 05:56
Politicians really love to play the market.
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SighingCashiervip
· 07-23 19:58
Is the market going to big dump again?
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GateUser-aa7df71evip
· 07-21 06:51
The market is really explosive, this wave caught up.
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BlockchainWorkervip
· 07-21 06:44
Trump is up to his antics again.
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GasFeeSobbervip
· 07-21 06:44
Doing it again is just hilarious.
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