特朗普与鲍威尔矛盾升级 解雇争端外再爆一大隐忧

Core Viewpoint - The article discusses President Trump's intention to potentially dismiss Federal Reserve Chairman Jerome Powell, highlighting the ongoing tension between the President and the Federal Reserve, which has become a focal point in global financial discourse [1][12]. Group 1: Reasons for Trump's Discontent with Powell - Trump believes Powell is too slow in lowering interest rates, contrasting with his desire for low rates to stimulate economic growth [4]. - Powell's adherence to the principle of Federal Reserve independence has led him to publicly resist aligning with White House policy, causing embarrassment for Trump [5]. - Powell's low-key and conservative style, along with Trump's preference for public alignment from key officials, has further fueled Trump's dissatisfaction [6]. - Trump's economic team, including Treasury Secretary Steven Mnuchin and National Economic Council Director Kevin Hassett, generally criticizes Powell, exacerbating the conflict [6]. Group 2: Potential Successors for Federal Reserve Chairman - Trump has mentioned Treasury Secretary Steven Mnuchin as a potential successor but prefers him to remain in his current role [7]. - Kevin Hassett, the National Economic Council Director, is also considered a candidate, supporting interest rate cuts and monetary easing [7]. - Other candidates include: - Kevin Warsh, a former Federal Reserve governor known for prioritizing inflation control and financial stability [8]. - Christopher Waller, a current Federal Reserve governor seen as a flexible option between rate hikes and easing [8]. - David Malpass, former World Bank president, advocating for a focus on U.S. manufacturing and a weaker dollar policy [8]. Group 3: Implications of Trump's Actions - The potential dismissal of Powell is viewed as a significant threat to the independence of the Federal Reserve, raising concerns among Democrats and some Republicans about political interference in financial governance [12]. - Wall Street and financial analysts express worries that such actions could lead to market volatility and undermine investor confidence in the U.S. dollar and government bonds [12][16]. - Historically, while tensions between presidents and Federal Reserve chairs have occurred, no president has successfully dismissed a sitting chair, making Trump's actions unprecedented [20][24]. Group 4: Future Developments - Trump's fluctuating stance on Powell's dismissal indicates a potential legal and constitutional crisis if he attempts to remove Powell directly [24]. - The White House is likely to accelerate the search for a new Federal Reserve chair while continuing to apply pressure on Powell [27]. - The ongoing power struggle between Trump and Powell is expected to attract significant attention from financial markets, similar to past conflicts in U.S. monetary policy history [27].