“逼宫”再升级！鲍威尔悬了，特朗普要换个听话的人上去，德国最大银行发出警告

Core Viewpoint - The selection process for the next Federal Reserve Chairman has officially begun, indicating a significant power struggle influenced by the Trump administration, which seeks a more compliant figure to implement desired interest rate cuts [1][4]. Group 1: Political Pressure on the Federal Reserve - Trump has escalated his attacks on Powell, who has resisted political pressure, maintaining the federal funds rate at 4.25%-4.5% despite previous rate cuts [2][8]. - The White House has employed various tactics to undermine Powell's credibility, including accusations of overspending on the Federal Reserve building renovation [2][8]. - The current political climate suggests a concerted effort to replace Powell with a candidate who aligns with Trump's economic agenda, potentially compromising the Fed's independence [5][7]. Group 2: Implications for Federal Reserve Independence - Jamie Dimon, CEO of JPMorgan Chase, emphasized the critical importance of the Fed's independence, warning that political interference could lead to detrimental consequences for the market [7]. - Historical precedents indicate that a politicized central bank can lead to market instability, as seen during the inflation crisis of the 1970s [10]. - The potential appointment of a "yes-man" as the next Fed Chair could undermine the credibility of the dollar and global financial stability [10]. Group 3: Potential Candidates and Their Alignment - Kevin Hassett, the White House National Economic Council Director, is viewed as a leading candidate due to his alignment with Trump's economic policies [5]. - Other candidates include former Fed Governor Kevin Walsh and former World Bank President David Malpass, all of whom have shown tendencies toward policies that align with Trump's desire for lower interest rates [5]. - The urgency to finalize a candidate before 2026 reflects the administration's desire to diminish Powell's influence and assert control over monetary policy [5].